5 Best American Stocks to Buy and Hold for the Next Decade

In this article, we will list the 5 Best American Stocks to Buy and Hold for the Next Decade. Please visit 10 Best American Stocks to Buy and Hold for the Next Decade if you would like to see the extended list and the methodology behind it.

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5. Starbucks Corporation (NASDAQ:SBUX)

On May 28, 2026, Starbucks Corporation (NASDAQ:SBUX) was reported to be tying part of most tech workers’ bonuses to AI usage, according to Bloomberg’s Daniela Sirtori. The report said one quarter of bonuses paid to tech staff will be linked to department-wide goals that include AI adoption, as Starbucks looks to improve efficiency.

On the same day, Erin Silvoy, SVP, Global Marketing and Channel Development at Starbucks, said in a company blog post that U.S. coffeehouses are seeing more customer visits in the afternoon and evening. Silvoy said the strongest gains are between 3 p.m. and 5 p.m., with traffic growth outpacing the rest of the afternoon.

In a regulatory filing, Starbucks said its Board approved further actions under its “Back to Starbucks” strategy on May 13, 2026. The company said the plan is focused on revitalizing coffeehouses, enhancing the customer experience, and pursuing $2 billion in cost savings. Starbucks expects approximately $400 million of restructuring charges, including about $280 million in non-cash charges and $120 million in cash charges primarily tied to employee separation benefits.

Starbucks Corporation (NASDAQ:SBUX) operates as a roaster, marketer, and retailer of coffee internationally.

4. Quanta Services, Inc. (NYSE:PWR)

On May 28, 2026, Oppenheimer upgraded Quanta Services, Inc. (NYSE:PWR) to Outperform from Perform with an $800 price target following a transfer of coverage. Oppenheimer said Quanta is “positioned in markets with superior growth prospects,” citing exposure to power generation, complex facilities development, underground delivery network modernization, and pipelines. Oppenheimer also expects Quanta to maintain a premium valuation and sees potential margin expansion.

On May 22, 2026, Quanta Services, Inc. (NYSE:PWR) said its Board of Directors authorized a new stock repurchase program allowing the company to buy back up to $1B of its outstanding common stock. Under the existing program, which expires June 30, 2026, Quanta had acquired 540,788 shares in the open market for approximately $135M.

Earlier in May, Stifel analyst Brian Brophy raised the firm’s price target on Quanta Services to $784 from $654 and maintained a Buy rating on the shares. Brophy said Q1 results were above expectations and cited the near-doubling of square footage capacity across manufacturing, fabrication, and logistics.

Quanta Services, Inc. (NYSE:PWR) provides infrastructure solutions for electric and gas utilities, power generation, load centers, manufacturing, communications, pipeline, and energy industries.

3. Snowflake Inc. (NYSE:SNOW)

On May 29, 2026, Argus raised the firm’s price target on Snowflake Inc. (NYSE:SNOW) to $300 from $250 and maintained a Buy rating on the shares. Argus said Snowflake’s data management systems have become “critically fundamental” to enterprises building generative AI agentic applications, calling the company a “picks and shovels” play as “the GenAI revolution continues to explode.”

Citi also raised the firm’s price target on Snowflake Inc. (NYSE:SNOW) to $320 from $260 and maintained a Buy rating on the shares. Citi described the company’s Q1 report as “thesis-changing,” saying Snowflake’s revenue acceleration shows it is successfully monetizing AI workloads with Cortex Code.

On May 27, 2026, Snowflake Inc. (NYSE:SNOW) reported Q1 non-GAAP EPS of 39c, ahead of the consensus estimate of 32c. Revenue totaled $1.39B, above the consensus estimate of $1.32B. CEO Sridhar Ramaswamy said Snowflake delivered a “milestone quarter,” with product revenue of $1.33B, up 34% year-over-year. Ramaswamy also said AI remains a powerful tailwind and called Q1 a clear inflection point in Snowflake’s shift toward the Agentic Enterprise.

Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform for organizations in the United States and internationally.

2. Ciena Corporation (NYSE:CIEN)

On May 29, 2026, Stifel raised the firm’s price target on Ciena Corporation (NYSE:CIEN) to $615 from $585 and maintained a Buy rating on the shares. Stifel said it expects Ciena’s fiscal Q2 results to extend the Q1 “beat-raise motif.”

Citi analyst Atif Malik also raised the firm’s price target on Ciena Corporation (NYSE:CIEN) to $658 from $345 and maintained a Buy rating on the shares ahead of the April quarter report on June 4. Malik said the company’s fiscal 2027 and 2028 growth expectations have “materially increased” due to stronger demand for optical connectivity.

Similarly, TD Cowen analyst Sean O’Loughlin raised the firm’s price target on Ciena to $675 from $425 and maintained a Buy rating. O’Loughlin said AI capex continues to move higher as investors look for the next infrastructure “bottleneck,” driving a “bifurcation within the infrastructure trade” as optical names trade higher on expectations of shortages. TD Cowen now sees $1.3 trillion in data center silicon spending by 2030, up from $1.2 trillion previously.

Ciena Corporation (NYSE:CIEN) provides hardware, software, and services for network operators across the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.

1. Dell Technologies Inc. (NYSE:DELL)

On May 31, 2026, Bernstein analyst Mark Newman raised the firm’s price target on Dell Technologies Inc. (NYSE:DELL) to $500 from $280 and maintained an Outperform rating on the shares. Newman said Dell reported “exceptionally strong” fiscal Q1 results and said the company is “firing on all cylinders.”

Also on May 31, Dell Technologies Inc. (NYSE:DELL) unveiled the XPS 13, a laptop meant to compete with Apple’s (AAPL) MacBook Neo, Reuters reported. The laptop is priced at $699 and reduced to $599 for students aged 16 and older.

On May 29, Argus analyst Jim Kelleher raised the firm’s price target on Dell Technologies to $460 from $200 and maintained a Buy rating on the shares. Kelleher said Dell’s Q1 report sharply exceeded top- and bottom-line consensus estimates, while Argus expects Infrastructure growth from AI acceleration and improving AI PC sales to offset margin pressure from higher memory costs in FY27.

A day earlier, Dell Technologies Inc. (NYSE:DELL) reported Q1 adjusted EPS of $4.86, ahead of the consensus estimate of $2.96. Revenue totaled $43.8B, above the consensus estimate of $35.77B. Vice Chairman and COO Jeff Clarke said the quarter reflected “strong in-quarter demand” and innovation across PCs, compute, and storage. Clarke added that Dell booked $24.4 billion in AI orders, recognized $16.1 billion of AI server revenue, and raised FY27 AI server revenue expectations to $60 billion.

Dell Technologies Inc. (NYSE:DELL) designs, develops, manufactures, markets, sells, and supports integrated technology solutions, products, and services internationally.

While we acknowledge the potential of DELL 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 DELL and that has 100x upside potential, check out our report about the cheapest AI stock.

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