In this article, we will take a look at the 15 Best Growth Stocks to Buy for the Next 10 Years.
Back when President Trump announced high tariffs in his “liberation day” statement on April 2, economists were concerned that they would cause inflation to soar and cause a significant slowdown or recession.
However, since then, dire predictions regarding the tariffs have receded. The outlook is less grim, according to economists, given a robust global growth background, a longer-term inflationary impact of the tariffs that hadn’t been expected, and a general improvement in financial circumstances.
For example, JPMorgan Chase reduced their recession risk from 60% to 40% on Liberation Day, which is still higher than usual but certainly less dismal. However, a number of other matters still need to be resolved before the President’s August 1 deadline, which may still result in substantial levies that impact important trading partners of the United States, like Japan.
In that vein, President Trump has been involved in several rounds of tight and often heated negotiations with U.S. trading partners over the last three months. Although these conversations have caused tension, they have also coincided with a modest but steady rate of economic development.
Speaking to CNBC, Kevin Hassett, National Economic Council director, spoke about these trends:
“The anti Trump story has been that we’re going to have a recession or a depression because of the tariffs, which are going to jack up prices and cause consumers to run for the exits. In fact, every single thing about this GDP release has shown strength.”
Compared to the previous quarter, when it increased by 0.5%, consumer spending increased by 1.4% in the second quarter. On the other hand, imports dipped 30.3% during the period, reversing a 37.9% boost from Q1, while exports fell 1.8%.
Along with indicators that inflation is declining though not completely gone, the GDP total demonstrated strength in some key economic sectors.
Our Methodology
For this list of growth stocks, we sifted through financial media reports and noted down stocks that analysts and investors are highly bullish on and see multi-year potential to. These companies are known for their stable businesses, recognized product lines, and have a proven history of performing well during economic swings. These companies have also recorded reliable revenue growth rates of more than 10% over at least half a decade. We also used the number of hedge fund investors as a secondary metric to rank the stocks, as of Q1 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
15. ARM Holdings plc (NASDAQ:ARM)
5-Year Revenue Growth: 18.57%
Number of Hedge Fund Holders: 42
Arm Holdings plc (NASDAQ:ARM) ranks among the best growth stocks to buy for the next 10 years. On July 21, Wells Fargo maintained its Overweight rating on Arm Holdings plc (NASDAQ:ARM) and increased its price target from $145 to $175. With recent statistics indicating Arm-based server CPU shipments rose 104% year-over-year in the first calendar quarter of 2025, the firm attributed ongoing momentum in artificial intelligence data centers as a major factor in Arm’s anticipated growth in royalty revenue in fiscal 2026.
Despite not releasing an official fiscal 2026 forecast owing to tariff uncertainties, Arm Holdings plc (NASDAQ:ARM) had previously predicted that royalty revenue would increase by a percentage range of the high teens to low twenties year-over-year.
Wells Fargo anticipates that Arm Holdings plc (NASDAQ:ARM) will continue to maintain an above-target annual contract value and licensing revenue growth at 20% year-over-year, owing to the growing demand for licenses related to AI computing requirements.
Arm Holdings plc (NASDAQ:ARM) is British software design and semiconductor company. The company provides microprocessors, graphics processing units, systems intellectual property (IPs), and other associated services.
14. Ares Management Corporation (NYSE:ARES)
5-Year Revenue Growth: 18.68%
Number of Hedge Fund Holders: 42
Ares Management Corporation (NYSE:ARES) ranks among the best growth stocks to buy for the next 10 years. On July 28, Raymond James began coverage of Ares Management Corporation (NYSE:ARES) with a Market Perform rating. While the firm highlighted Ares’ robust direct lending position and growth prospects as advantages, it also pointed out that there were no immediate catalysts for the stock.
According to Raymond James, Ares Management Corporation (NYSE:ARES) is reasonably valued at its current price-to-earnings multiple of 32x next-twelve months, which is higher than the 20x anticipated P/E average for the alternative asset management industry in 2026. The firm claims that Ares’ purely fee-based business model, which has little balance sheet exposure and a better growth trajectory than its peers, justifies the premium valuation.
Raymond James emphasized Ares’ guidance for fee-related earnings through 2028, which are expected to improve at a compound annual growth rate of 16–20%. As the company deploys about $81.5 billion in committed assets that do not currently generate fees, additional margin gains are projected.
Ares Management Corporation (NYSE:ARES) is an alternative asset management with operations in Asia, Europe, and the United States. The company is divided into different divisions, including the Real Estate Group, the Private Equity Group, the Direct Lending Group, and the Tradable Credit Group.
13. Coterra Energy Inc. (NYSE:CTRA)
5-Year Revenue Growth: 22.43%
Number of Hedge Fund Holders: 43
Coterra Energy Inc. (NYSE:CTRA) ranks among the best growth stocks to buy for the next 10 years. In response to Coterra Energy Inc. (NYSE:CTRA)’s 8-K report on realized prices and cash hedge gains, UBS reaffirmed its Buy rating and $30 price target on the company’s shares on July 22.
During the quarter, Coterra Energy Inc. (NYSE:CTRA) reported a post-hedge realized oil price of $64.01 per barrel, which was higher than UBS’s forecast of $62.25 per barrel. The post-hedge realized gas price for the company came in at $2.27 per mmbtu, which was less than the $2.41 per mmbtu that UBS had predicted.
With gains of $0.07 per mmbtu on gas hedges and $1.21 per barrel on oil contracts, the energy giant also collected $35 million in net hedge cash settlements.
Coterra Energy Inc. (NYSE:CTRA) is a natural gas company based in Houston, Texas. Founded in 1990 as the Cabot Oil & Gas Company, a subsidiary of then-parent Cabot Corporation, Coterra specializes in the development, exploration, and production of oil, natural gas, and natural gas liquids.
12. Monolithic Power Systems, Inc. (NASDAQ:MPWR)
5-Year Revenue Growth: 28.58%
Number of Hedge Fund Holders: 47
Monolithic Power Systems, Inc. (NASDAQ:MPWR) ranks among the best growth stocks to buy for the next 10 years. On July 15, Oppenheimer maintained its Outperform rating on Monolithic Power Systems, Inc. (NASDAQ:MPWR) and boosted its price target from $700 to $800. Oppenheimer justified the goal by pointing to the anticipated strength in the server, communications, and automotive verticals, as well as the long-term growth that is expected to outpace rivals by 10-15%.
The firm emphasized Monolithic Power Systems’ above-average EPS growth expectations and expanding revenue mix away from consumer markets and toward the automotive, industrial, communications, and networking. Along with the company’s increasing margin profile, Oppenheimer also pointed to the management’s steady track record of performance and anticipated long-term improvements in cash and capital allocation.
Monolithic Power Systems, Inc. (NASDAQ:MPWR) produces and markets small, ultra-efficient, user-friendly power management systems for various industries, including computers, automotive, data centers, and communications.
11. Devon Energy Corporation (NYSE:DVN)
5-Year Revenue Growth: 18.46%
Number of Hedge Fund Holders: 58
Devon Energy Corporation (NYSE:DVN) ranks among the best growth stocks to buy for the next 10 years. On July 11, UBS maintained its Neutral rating on Devon Energy Corporation (NYSE:DVN) and increased its price target to $37 from $35. Devon Energy has outperformed the XOP by over 400 basis points year-t-date, which UBS credits to the company’s cost optimization strategy.
With $400 million of the $1 billion in planned capital expenditure and operational expense savings expected in 2025, Devon Energy’s optimization approach has the potential to produce better free cash flow and margin improvement into 2026.
According to UBS, Devon Energy’s second quarter 2025 operational performance should be positive, with oil volumes likely hitting the upper end of the company’s target range.
Devon Energy Corporation (NYSE:DVN) is a prominent player in the United States energy market, specializing in the exploration, development, and production of oil, natural gas, and natural gas liquids.
10. The Trade Desk Inc. (NASDAQ:TTD)
5-Year Revenue Growth: 29.9%
Number of Hedge Fund Holders: 61
The Trade Desk, Inc. (NASDAQ:TTD) ranks among the best growth stocks to buy for the next 10 years. On July 29, Oppenheimer maintained its Outperform rating on the stock and increased its price target on The Trade Desk, Inc. (NASDAQ:TTD) from $80 to $110. The firm stated that it does not anticipate any impact from Amazon DSP and claimed a more positive tariff outlook for the second half of 2025.
From earlier projections of 10% and 12%, respectively, Oppenheimer is now predicting third-quarter revenue growth of 15% and fourth-quarter growth of 17%. This is a 23% increase above the 19% growth in the second quarter, excluding political advertising.
Due to the much-discussed problems with the fourth-quarter 2024 Kokai roll-out, the firm stated that when political advertising is taken out of the equation, fourth-quarter comparisons are 4 percentage points easier than the second quarter.
The Trade Desk, Inc. (NASDAQ:TTD), a leading supplier of advertising technology, specializes in offering advertising solutions to digital marketers. Advertisers may plan, manage, and optimize their digital ad campaigns across various platforms and channels using its self-service, transparent software and cloud-based platform.
9. Axon Enterprise, Inc. (NASDAQ:AXON)
5-Year Revenue Growth: 31.44%
Number of Hedge Fund Holders: 61
Axon Enterprise, Inc. (NASDAQ:AXON) ranks among the best growth stocks to buy for the next 10 years. Ahead of the company’s August 4 earnings report, TD Cowen maintained its Buy rating on Axon Enterprise, Inc. (NASDAQ:AXON) and increased its price target from $800 to $825 on July 26. The firm expects Axon Enterprise, Inc. (NASDAQ:AXON) to outperform TD Cowen’s projected 28% revenue growth for the upcoming quarter. Additionally, it raised its full-year growth estimate from 27% to roughly 29% at the midpoint mark.
Following a 15% decline from recent highs, TD Cowen’s sales headcount tracker indicates a favorable rebound for Axon, and the firm considers the current entry point to be appealing. Even now, the stock remains TD Cowen’s top pick in the sector. Notably, TD Cowen has employed Axon’s artificial intelligence product cycle, robust competitive moat, durable end markets, and high growth profile to support the company’s premium valuation.
Axon Enterprise, Inc. (NASDAQ:AXON) is a prominent provider of law enforcement technology solutions, including less-lethal weaponry, body cameras, and cloud-based software. The company’s target market is law enforcement agencies in the United States and beyond.
8. Roblox Corporation (NYSE:RBLX)
5-Year Revenue Growth: 47.93%
Number of Hedge Fund Holders: 68
Roblox Corporation (NYSE:RBLX) ranks among the best growth stocks to buy for the next 10 years. BofA Securities reaffirmed its Buy rating on Roblox Corporation (NYSE:RBLX) and increased its price target from $103 to $133 on July 28. The price target hike comes after the successful launch of Grow a Garden (GAG) on March 26. According to BofA, GAG’s launch ranks as the largest video game launch ever, with 21.3 million concurrent users (CCUs), surpassing Fortnite’s launch.
According to analyst Omar Dessouky of BofA Securities, the RBLX stock has nearly doubled in value since the debut of GAG. The analyst states that GAG’s performance shows that the Roblox platform can yield industry-leading KPIs for developers and generate several hits.
Additionally, according to BofA Securities, the majority of investors they interviewed had been Roblox enthusiasts for at least two years, indicating that speculative newcomers were not the main force behind the most recent stock boom.
Roblox Corporation (NYSE:RBLX) is a video game developer based in California. With 2.9 million developers, 6 million active experiences, and 88.9 million active users per day, Roblox Corporation (NYSE: RBLX) extends beyond the traditional definition of a video game by combining its digital currency and offering an extensive range of unique virtual experiences.
7. Amphenol Corporation (NYSE:APH)
5-Year Revenue Growth: 13.10%
Number of Hedge Fund Holders: 69
Amphenol Corporation (NYSE:APH) ranks among the best growth stocks to buy for the next 10 years. On July 25, Truist Securities maintained its Buy rating on Amphenol Corporation (NYSE:APH) and boosted its price target from $102 to $126. Despite lingering international tariff uncertainties, the adjustment followed what Truist called “impressive results and guidance” from the connector and sensor producer.
According to Truist, Amphenol’s reduced sequential projection in AI revenues, which was the catalyst for the stock’s negative market reaction, was simply “just a speed bump” rather than a serious concern. The firm states that Amphenol’s position in the AI industry remains “strong and stable,” and both Q2 and Q3 end markets have grown quarter-over-quarter after an over-shipment from Q2 was removed.
Amphenol Corporation (NYSE:APH) is a leading designer, manufacturer, and marketer of coaxial and high-speed specialty cable, as well as electrical, electronic, and fiber optic connectors and sensor-based devices.
6. DraftKings Inc. (NASDAQ:DKNG)
5-Year Revenue Growth: 71.28%
Number of Hedge Fund Holders: 70
DraftKings Inc. (NASDAQ:DKNG) ranks among the best growth stocks to buy for the next 10 years. BMO Capital kept its Outperform rating on DraftKings Inc. (NASDAQ:DKNG) and lifted its price target from $64 to $65 on July 29. The firm also boosted the company’s revenue expectations for Q2 2025 and Q3 2025 by 3.5% and 1.7%, respectively, primarily due to robust state gaming disclosures from May through mid-July.
BMO Capital believes the DKNG stock is still worthwhile despite noting persistent regulatory challenges like taxes, prediction markets, and stalled state legalization initiatives owing to “continued execution on the fundamental story that leads to meaningful FCF generation.”
The firm also views DraftKings Inc. (NASDAQ:DKNG) as a top choice in its coverage universe and considers the company’s shares to be attractively valued at 16 times the projected free cash flow for FY 2026.
DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming company that offers sports betting, digital lottery courier, daily fantasy sports, and other products. Additionally, it offers online casino games, including roulette, slot machines, blackjack, and baccarat.
5. Cheniere Energy, Inc. (NYSE:LNG)
5-Year Revenue Growth: 11.15%
Number of Hedge Fund Holders: 75
Cheniere Energy, Inc. (NYSE:LNG) ranks among the best growth stocks to buy for the next 10 years. On July 15, Scotiabank reiterated its Sector Outperform rating on Cheniere Energy, Inc. (NYSE:LNG) while raising its price target from $250 to $261 on the company’s shares. Scotiabank credited Cheniere’s revised capital allocation strategy and price deck modifications for the price target hike.
The adjustment followed Cheniere’s medium-term outlook update in late June, which detailed a possible route to 100 million tonnes per annum (Mmtpa) of nameplate output and substantial cash flow generation prospects.
In addition to two new brownfield expansions, SPL Stage V and CCL Stage IV, Cheniere Energy, Inc. (NYSE:LNG) recently announced the final investment decision for its Midscale trains 8 and 9. These expansions would raise the company’s capacity to almost 73 Mmtpa.
Cheniere Energy, Inc. (NYSE:LNG) is an American provider of liquefied natural gas storage and transportation services. The company operates through its subsidiaries, which include Cheniere Marketing, LLC and Cheniere Energy Partners, L.P.
4. Shopify Inc. (NASDAQ:SHOP)
5-Year Revenue Growth: 41.27%
Number of Hedge Fund Holders: 77
Shopify Inc. (NYSE:SHOP) ranks among the best growth stocks to buy for the next 10 years. With a price target of $110, UBS reaffirmed its Neutral rating on Shopify Inc. (NYSE:SHOP) on July 28. Analyst Timothy Chiodo pointed out that Shopify has changed from its inception as an e-commerce platform primarily for small and medium-sized enterprises in North America. The company is currently seeing success across three total addressable market growth pillars, including Enterprise, International, and In-store Point of Sale.
In particular, the UBS report looks at Shopify’s enterprise retail e-commerce prospect, providing a quantitative estimate of possible contributions to GMV growth at different market share levels over the course of the next 10 years.
A compiled list of specific Shopify Inc. (NYSE:SHOP) enterprise clients, competitive landscape analysis, illustrative enterprise segment unit economics, and Shopify’s enterprise segment offering were also discussed by the firm.
Shopify Inc. (NYSE:SHOP) is a leading provider of commerce infrastructure, giving businesses the tools they need to establish, scale, and manage their operations at all levels. Shopify’s platform is used by millions of businesses in 175 countries, making it an important tool for supporting various organizations throughout the world.
3. Blackstone Inc. (NYSE:BX)
5-Year Revenue Growth: 15.69%
Number of Hedge Fund Holders: 81
Blackstone Inc. (NYSE:BX) ranks among the best growth stocks to buy for the next 10 years. Keefe, Bruyette & Woods maintained its Market Perform rating on Blackstone Inc. (NYSE:BX) and increased the price target on the company’s shares from $168 to $180 on July 27.
Blackstone’s quarterly results topped both KBW’s and consensus projections by $0.10 per share. Higher fee-related earnings were the main driver of the outperformance, adding $0.08 to the beat, while higher net realizations contributed $0.02.
With base management fees coming in roughly in line with projections, KBW noted that the increased fee-related earnings were mostly a result of higher transaction revenues and fee-related performance revenues. With only minor adjustments to its 2026 and 2027 forecasts, the firm has increased its forward predictions for Blackstone Inc. (NYSE:BX).
Global alternative asset management Blackstone Inc. (NYSE:BX) focuses on hedge fund, credit, real estate, and private equity strategies. The company deals in a number of complex transactions, including growth equity, structured finance, and buyouts.
2. Sea Limited (NYSE:SE)
5-Year Revenue Growth: 50.49%
Number of Hedge Fund Holders: 84
Sea Limited (NYSE:SE) ranks among the best growth stocks to buy for the next 10 years. While retaining its Outperform rating on Sea Limited (NYSE:SE), Bernstein SocGen Group raised its price target for the company’s shares to $180 from $170 on July 28. Citing Sea Limited’s “remarkable transformation,” the firm stated that the company’s stock had jumped fourfold in value over the last 18 months as a result of stellar execution. According to Bernstein’s analysis, concerns about increased competition in Sea’s e-commerce business have not come to pass.
Bernstein states that Sea Limited (NYSE:SE) continues to safeguard its dominant market position by putting more emphasis on reinvesting operating gains and commission increases into expansion projects rather than optimizing margins. In that regard, the second quarter was described by Bernstein as “stable” for the company.
Sea Limited (NYSE:SE) is a Singapore-based consumer technology company that operates in the digital entertainment, e-commerce, and financial services industries.
1. MercadoLibre, Inc. (NASDAQ:MELI)
5-Year Revenue Growth: 55.35%
Number of Hedge Fund Holders: 108
MercadoLibre, Inc. (NASDAQ:MELI) ranks among the best growth stocks to buy for the next 10 years. Citing MercadoLibre, Inc. (NASDAQ:MELI)’s strong position in Latin American fintech and e-commerce, Scotiabank began covering the company on July 28 with a Sector Outperform rating and a Street-high price target of $3,500.
With MercadoLibre, Inc. (NASDAQ:MELI) in a unique position to profit from the region’s continuous trends toward online retail and digital banking, Scotiabank anticipates an upside of almost 46% from current levels. It referred to the company’s dual payments and commerce ecosystem as a “peerless moat,” with over 64 million monthly financial customers and over 100 million marketplace users.
With free cash flow expected to increase at a compound annual growth rate of 23% through 2028, Scotiabank believes MercadoLibre, Inc. (NASDAQ:MELI) is outperforming its regional competitors.
MercadoLibre, Inc. (NASDAQ:MELI), based in Buenos Aires, Argentina, is a prominent Latin American e-commerce technology company. Established in 1999, the main platforms of the company, MercadoLibre.com and MercadoPago.com, provide a variety of solutions for individuals and businesses engaged in online buying, selling, advertising, and payment operations.
While we acknowledge the potential of MELI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MELI and that has 100x upside potential, check out our report about this cheapest AI stock.
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