5 Best Growth Stocks for the Next 10 Years

In this piece, we will take a look at the five best growth stocks for the next ten years. If you want to learn about trends in vaue and growth investing, then check out 10 Best Growth Stocks for the Next 10 Years.

5. Ring Energy, Inc. (NYSE:REI)

Trailing P/E Ratio: 2.19

Ring Energy, Inc. (NYSE:REI) is an American oil and gas operations firm with sites in Texas and New Mexico. While it is an oil company, the firm has been growing its revenue annually since 2015 and its five year average revenue growth rate is 39%. The shares are rated Buy on average.

Nine of the 943 hedge funds part of Insider Monkey’s Q1 2023 research had bought Ring Energy, Inc. (NYSE:REI)’s shares. Out of these, the firm’s largest shareholder is John Overdeck and David Siegel’s Two Sigma Advisors with a $3 million investment.