5 Best Long Term Growth Stocks to Invest In Now

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In this article, we will list the 5 Best Long Term Growth Stocks to Invest In Now. Please visit 10 Best Long Term Growth Stocks to Invest In Now if you would like to see the extended list and the methodology behind it.

5 Best Long Term Growth Stocks to Invest In Now

5. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 112

Intel Corporation (NASDAQ:INTC) is one of the best long-term growth stocks to invest in now. Cantor Fitzgerald lifted the price target on Intel Corporation (NASDAQ:INTC) to $150 from $90 on June 29 and maintained a Neutral rating on the shares, telling investors in a research note that the AI infrastructure buildout is viewed as a generational semiconductor cycle that is both durable and extended by supply chain constraints. It added that expectations for faster-than-previously-forecast industry revenue expansion reach roughly $3T by CY29, potentially exceeding $3.5T by CY30.

In another development, Reuters reported on June 16 that Intel Corporation (NASDAQ:INTC) has announced the entry of the new generation of its 18A manufacturing process into ​risk production, as the company sees strong ‌demand for its central processors. It further stated that by moving 18A-P into initial production, Intel Corporation (NASDAQ:INTC) aims to demonstrate that it is following ​through on its manufacturing commitments, which could potentially make ​the technology more appealing to external customers. Reuters added that finance chief David Zinsner said in ​March that the company’s CEO, Lip-Bu Tan, has started recognizing 18A as ​a potential offering for external clients, changing the earlier perspective that the process would generate returns only through the company’s own products.

Intel Corporation (NASDAQ:INTC) is involved in the design, sale, and manufacture of computer products and technologies. It delivers data storage, computer, networking, and communications platforms. The company’s operations are divided into the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other.

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