In this article, we are going to look at the 5 Best Multibagger Stocks to Buy for Long Term. For a longer list and more details on how we picked these stocks, you can go to 10 Best Multibagger Stocks to Buy for Long Term.
5. Intel Corporation (NASDAQ:INTC)
Intel Corporation (NASDAQ:INTC) is one of the Best Multibagger Stocks to Buy for Long Term. On April 10, Benchmark lifted its price objective on the company’s stock to $76 from $57, while maintaining a “Buy” rating. The analyst noted the company’s recent announcements, stating that they address both the critical debates in the company’s stock. Notably, on April 9, Intel Corporation (NASDAQ:INTC) and Google announced a multiyear collaboration, focusing on advancing the next generation of AI and cloud infrastructure.
The firm’s analyst believes that this announcement happens to be a cleaner near-term fundamental development. The CPUs are central in heterogeneous AI systems, and x86 has a durable role inside the hyperscale infrastructure, added the analyst.
Notably, on April 7, Reuters reported that Intel Corporation (NASDAQ:INTC) will be joining Elon Musk’s Terafab AI chip complex project with SpaceX and Tesla. With respect to this, the analyst believes that it serves as a critical symbolic validation of Intel 18A moving closer to commercial credibility.
Intel Corporation (NASDAQ:INTC) is a semiconductor company specializing in computing & related end products and services through its CCG, DCAI, and Intel Foundry segments.
4. Applied Materials, Inc. (NASDAQ:AMAT)
Applied Materials, Inc. (NASDAQ:AMAT) is one of the Best Multibagger Stocks to Buy for Long Term. On April 8, the company rolled out 2 chipmaking systems that can develop the smallest features in the world’s most advanced logic chips. With the control of materials deposition with atomic-level precision, the technologies can help chipmakers to develop faster as well as more power-efficient transistors at the scale. This is of utmost importance in the current era of global AI infrastructure buildout.
Applied Materials, Inc. (NASDAQ:AMAT) highlighted that the world’s renowned logic chipmakers have been rolling out new Gate-All-Around (GAA) transistors at 2nm and beyond.
The Applied Producer™ Precision™ Selective Nitride PECVD (Plasma Enhanced Chemical Vapor Deposition) system utilizes the industry-first selective bottom-up deposition process. It helps in placing silicon nitride only where it’s required in the trench. The Applied Endura™ Trillium™ ALD (Atomic Layer Deposition) system happens to be an Integrated Materials Solution™. It can precisely deposit metals in the complex GAA transistor gate stacks.
Applied Materials, Inc. (NASDAQ:AMAT) offers materials engineering solutions, equipment, services, and software to the semiconductor and other related industries.
3. GE Vernova Inc. (NYSE:GEV)
GE Vernova Inc. (NYSE:GEV) is one of the Best Multibagger Stocks to Buy for Long Term. On April 7, Goldman Sachs lifted its price objective on the company’s stock to $1,000 from $925, while keeping a “Buy” rating on the shares. The analyst added that the firm has been updating the models. This comes as part of the broader research note that previews the Q1 results among multi-industry names.
The analyst expects a robust quarter when it comes to orders, with Gas turbine orders of 7+ GW. Furthermore, the firm opines that the broader market is witnessing the early stages of the power market inflection.
In a different update, Barclays lifted its price objective on GE Vernova Inc. (NYSE:GEV)’s stock to $993 from $849, while keeping an “Overweight” rating. It adjusted its targets in the multi-industry group amidst the Q1 earnings preview. The analyst believes that the broader sector is exposed to more demand question marks.
GE Vernova Inc. (NYSE:GEV) is an energy company, which is engaged in offering various products and services that generate, transfer, orchestrate, convert, and store electricity.
2. Broadcom Inc. (NASDAQ:AVGO)
Broadcom Inc. (NASDAQ:AVGO) is one of the Best Multibagger Stocks to Buy for Long Term. On April 7, Goldman Sachs reiterated a “Buy” rating on the company’s stock with a price objective of $480, noting that the company entered into a long-term agreement with Google. The focus is on developing and supplying its future generations of TPUs. Also, there is a Supply Assurance Agreement to supply networking as well as other components to be utilised in Google’s AI racks through 2031.
Notably, Broadcom Inc. (NASDAQ:AVGO), Google, and Anthropic expanded the current strategic collaboration, with Goldman Sachs expecting strategic merit across several fronts. The firm believes that Broadcom Inc. (NASDAQ:AVGO) possesses growing and increasingly diverse exposure towards critical customers that have leading AI models. This can place the company as the critical AI beneficiary.
Apart from this, the investor confidence is expected to further strengthen when it comes to the sustainability of the Broadcom-Google partnership with respect to the future TPUs, added Goldman Sachs. Also, the firm added that the supply assurance agreement further bolsters Broadcom Inc. (NASDAQ:AVGO)’s healthy market position in AI networking.
Broadcom Inc. (NASDAQ:AVGO) operates as a developer, designer, and supplier of semiconductor devices and infrastructure software solutions.
1. Alphabet Inc. (NASDAQ:GOOGL)
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Multibagger Stocks to Buy for Long Term. On April 10, Mizuho analyst Lloyd Walmsley lifted the price objective on the company’s stock to $420 from $410 while maintaining an “Outperform” rating, reflecting an upside of ~32% from the closing price of $317.24. Notably, the firm upped its revenue estimates for Google Cloud, backed by the signals related to the Anthropic partnership as well as a refined backlog analysis.
It anticipates Cloud revenue reaching $149 billion in 2027, compared to the Bloomberg consensus of $116 billion. The strong margins can also fuel a significant increase in profits. Furthermore, the firm also noted the upside from TPU-related revenue, thanks to the more favorable economics over time. It also increased Alphabet Inc. (NASDAQ:GOOGL)’s EPS estimate for 2026 to $11.81 from the consensus estimates of $11.62 and the 2027 estimate to $14.04 compared to the previous estimate of $13.56.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company, which operates Google services like search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more.
While we acknowledge the potential of GOOGL 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 GOOGL and that has 100x upside potential, check out our report about the cheapest AI stock.
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