5 Best Growth Stocks for the Next 10 Years

Below is the list of the 5 best growth stocks for the next 10 years. For a comprehensive list and billionaire Ken Fisher’s portfolio management strategy please see 10 Best Growth Stocks for the Next 10 Years.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, advertising technology one of the fastest growing industries right now, so we are checking out stock pitches like this under-the-radar adtech stock that can deliver 10x gains. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, let’s take a look at the best growth stocks for the next 10 years:

5. PayPal Holdings (NASDAQ: PYPL)

The payment technology company PayPal Holdings (NASDAQ: PYPL) was the top-performing stock during the pandemic year due to lockdowns and consumers’ focus towards online platforms. While online trends declined following vaccine rollout and economic reopening, PayPal’s extensive user base and product innovations helping it to sustain the gains. The company generated 30% revenue growth in the latest quarter and its share price rallied 11% year to date. Moreover, the company’s strategy of supporting cryptocurrencies is projected to add billions of dollars in profits. Fisher Asset Management held a stake worth $2.6 billion in PayPal Holdings.

PayPal Holdings was in 143 hedge funds’ portfolios at the end of the first quarter of 2021 compared to 147 positions in the previous quarter. The all-time high for this statistic is 150.