In this piece we will look at the 5 Best Growth Stocks to Buy and Hold for the Next Decade. Please visit 10 Best Growth Stocks to Buy and Hold for the Next Decade if you’d like to see an extended list and how we came up with the list of Best Growth Stocks to Buy and Hold for the Next Decade.
5. Adaptive Biotechnologies Corporation (NASDAQ:ADPT)
EPS Growth Next 5 Years: 34.42%
Number of Hedge Fund Holders: 39
Adaptive Biotechnologies Corporation (NASDAQ:ADPT) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. On June 17, BTIG maintained a Buy rating on Adaptive Biotechnologies Corporation (NASDAQ:ADPT) with a $22 price target. The rating is based on two significant announcements from the company.
Firstly, Adaptive announced an upsized convertible notes offering of $300 million, up from the originally planned $250 million. Secondly, the company also revealed its plans to separate its MRD and immune medicine businesses. BTIG views both moves positively as it has long considered the immune medicine unit non-core, and believes spinning it off will help unlock greater value in the core MRD business.
The firm noted that while the shares of Adaptive dipped slightly due to technical nuances around the convertible notes offering, BTIG wasn’t concerned. In fact, the firm, after talking with management, came back reassured that both announcements reflect a position of strength, with strong momentum across all MRD applications.
Adaptive Biotechnologies Corporation (NASDAQ:ADPT) is involved in the development of an immune medicine platform, with its services and products including immunoSEQ, clonoSEQ, cellular therapy, and vaccines.
4. American Airlines Group Inc. (NASDAQ:AAL)
EPS Growth Next 5 Years: 106.08%
Number of Hedge Fund Holders: 42
American Airlines Group Inc. (NASDAQ:AAL) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. The stock has gained roughly 8% over the past 30 days, mainly driven by continued momentum from the company’s strong fiscal Q1 2026 earnings and strategic technology partnerships.
Recently, two Wall Street firms raised the price target on American Airlines Group Inc. (NASDAQ:AAL), however, both maintain a Hold rating. On June 16, Jefferies raised the price target on the stock from $13 to $15. Later on June 22, BofA also raised the price target from $14 to $16.
Jefferies analyst Sheila Kahyaoglu raised the price target after meeting with management. She noted that demand remains solid, with fares up 20% year-over-year and only modest customer churn. While BofA cited slightly higher valuation multiples across the airline sector as Q2 earnings approach, driven by strong demand and positive market performance. Both firms acknowledge the improving demand environment, hence increased price targets.
American Airlines Group Inc. (NASDAQ:AAL), through its subsidiaries, offers passenger and cargo air transportation services in the United States, Latin America, the Atlantic, and the Pacific. The company is located in Fort Worth, Texas and was established on December 9, 2013.
3. Astera Labs, Inc. (NASDAQ:ALAB)
EPS Growth Next 5 Years: 45.32%
Number of Hedge Fund Holders: 53
Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. Astera Labs, Inc. (NASDAQ:ALAB) has gained more than 37% over the past month driven by strong momentum from record Q1 2026 earnings and its recent addition to the NASDAQ-100 index.
The company joined the NASDAQ-100 index effective June 22, 2026. ALAB has benefitted from a surge in AI infrastructure demand. In fiscal Q1 2026, the company posted $308.36 million in revenue, reflecting 93% year-over-year increase. Management attributed the growth to be driven by robust demand for the PCIe 6 connectivity portfolio, which now accounts for over one-third of total quarterly revenue.
Recently, on June 4, Stifel reiterated a Buy rating on the stock with a price target of $260. The firm noted that the rating comes after investor meetings at its Cross-Sector 1-on-1 2026 conference in Boston. The firm met with former CFO and current Strategic Advisor Mike Tate, along with Head of IR Leslie Green, for a series of one-on-one investor discussions.
Stifel came back more positive on the company with three main takeaways. Firstly, the company’s total addressable market is broadening across its product portfolio. Second, the company’s optical roadmap represents a meaningful incremental opportunity that goes beyond its current market size estimates. And lastly, the overall demand environment remains healthy.
Astera Labs Inc. (NASDAQ:ALAB) is a global semiconductor company that provides hardware and software solutions for AI and cloud infrastructure applications to solve memory, data, and networking bottlenecks. The company’s operations are divided into the following geographical segments: Taiwan, China, the United States, and Other.
2. Affirm Holdings, Inc. (NASDAQ:AFRM)
EPS Growth Next 5 Years: 154.46%
Number of Hedge Fund Holders: 61
Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. The Street is bullish on Affirm Holdings, Inc. (NASDAQ:AFRM), with analysts’ 12-month average price target suggesting more than 17.73% upside from the current levels. Moreover, 76% of the 33 analysts covering the stock maintain a Buy rating.
Recently, on June 15, Wells Fargo analyst Jason Kupferberg maintained a Buy rating on the stock with a price target of $89. Earlier, on June 4, William Blair also reiterated an Outperform rating on the shares without disclosing any price target.
Analyst Andrew Jeffrey described Affirm as one of William Blair’s top digital finance ideas, reflecting strong conviction in the company’s long-term growth story. The firm noted that Affirm is growing its share in the buy now and pay later market, which, as per the firm, still remains in the early development stage. William Blair sees Affirm on track to establish clear leadership within the massive US card payments market, estimated at roughly $9 trillion. The firm believes that this dominance will result in improved profitability and strong returns on invested capital.
Affirm Holdings Inc. (NASDAQ:AFRM) operates a payment network across Canada, the United States, and internationally. The company’s platform includes a consumer-focused app, a point-of-sale payment solution for consumers, and merchant commerce solutions. Affirm Holdings, Inc. was incorporated in 2012 and is based in San Francisco, California.
1. Analog Devices, Inc. (NASDAQ:ADI)
EPS Growth Next 5 Years: 30.12%
Number of Hedge Fund Holders: 109
Analog Devices, Inc. (NASDAQ:ADI) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. Analog Devices, Inc. (NASDAQ:ADI) has gained more than 60% over the past 6 months. ADI has benefitted from strong second-quarter earnings and robust demand from data centers.
The company posted fiscal Q2 2026 earnings on May 20. Revenue for the quarter reached $3.62 billion and surpassed the $3.5 billion expectations. The EPS of $3.09 also topped expectations of $2.91. The growth was driven by the Industrial business segment, which grew 56% year-over-year, while the communication segment saw a 79% year-over-year revenue increase, driven by a 90% jump in data center sales as demand for AI infrastructure continues to scale.
On June 8, BofA hosted 37 semiconductor management teams at its 2026 Tech Conference. The firm noted that while the supply is expanding rapidly, it still falls behind the surging demand. The firm noted Analog Devices, Inc. (NASDAQ:ADI) as one of the stocks under focus, as it has strong growth potential but has underperformed the SOX index year-to-date.
Analog Devices, Inc. (NASDAQ:ADI) designs, manufactures, tests, and markets integrated circuits, software, and subsystem products globally.
While we acknowledge the potential of ADI 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 ADI and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 Good Stocks to Invest in Now and 10 Most Undervalued US Stocks According to Hedge Funds.
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