In this article, we will list the 5 Best NASDAQ Growth Stocks to Buy and Hold Forever. Please visit 10 Best NASDAQ Growth Stocks to Buy and Hold Forever to see the extended list and the methodology behind it.
5. Satellogic Inc. (NASDAQ:SATL)
Satellogic Inc. (NASDAQ:SATL) is one of the best NASDAQ growth stocks to buy and hold forever. On March 24, Satellogic announced a new subcontract agreement with Innovative Defense Technologies to support Phases II and III of the Slingshot program for the US Office of Naval Research. This R&D initiative, conducted in partnership with commercial partner GRVTY, focuses on advancing maritime intelligence and low-latency orbital processing.
The program expansion builds on the success of Slingshot I and aims to integrate Satellogic Inc.’s (NASDAQ:SATL) high-resolution Earth Observation capabilities into national security workflows. The upcoming phases represent a significant increase in the program’s technical scale and dedicated assets. Slingshot II, scheduled for Summer 2026, will extend the service of two NewSat Mark V satellites equipped with Inter-Satellite Link technology.
Following this, Slingshot III will add six next-generation NewSat Mark VI satellites in 2027, bringing the total dedicated fleet to eight ISL-ready assets. These next-generation satellites are designed to provide unique optical capabilities that improve data transmission and processing speeds. The primary objective of the Slingshot program is to reduce the latency between capturing orbital imagery and delivering actionable alerts to the ground.
Satellogic Inc. (NASDAQ:SATL) designs and operates satellite systems to serve commercial entities, governments, and local bodies. The company offers space system solutions and decision-useful geospatial data and insights that help in navigating global issues such as climate change, food security, and energy supply.
4. Instacart (NASDAQ:CART)
Instacart (NASDAQ:CART) is one of the best NASDAQ growth stocks to buy and hold forever. On April 14, Instacart announced the acquisition of Instaleap, a global fulfillment and enablement platform, to accelerate the international expansion of its enterprise services. Instaleap currently operates in ~30 countries across Europe, Latin America, and the Middle East, serving ~100 major retailers including SPAR, Lulu, and Cencosud.
By integrating Instaleap’s local market expertise and its history of powering over 100 million transactions, Instacart aims to scale its grocery technology offerings beyond the North American market. Initially, Instaleap will function as a wholly-owned subsidiary to maintain service continuity for its existing retail partners.
Over time, Instacart (NASDAQ:CART) plans to introduce its broader suite of enterprise tools to these international clients, including Storefront Pro for e-commerce, Carrot Ads for retail media, and FoodStorm for order management. This move builds on Instacart’s early global momentum with its AI-powered Caper Carts, which have already seen adoption by retailers such as Coles in Australia and Morrisons in the UK.
Instacart (NASDAQ:CART), also called Maplebear Inc., is a North American retail technology company that operates a massive online marketplace for grocery delivery and pickup, connecting customers with personal shoppers who fulfill orders from local retail stores.
3. Viavi Solutions (NASDAQ:VIAV)
Viavi Solutions (NASDAQ:VIAV) is one of the best NASDAQ growth stocks to buy and hold forever. On April 2, Viavi Solutions partnered with Ground Control to integrate its Secure µPNT STL-1000 receiver into the RockFLEET Assured tracking and navigation system. This collaboration aims to provide maritime vessels with resilient Position, Navigation, and Timing/PNT capabilities in environments where GPS and GNSS signals are jammed, spoofed, or otherwise disrupted.
The STL-1000 serves as a compact, software-defined receiver that uses low-earth orbit/LEO satellite services to maintain precise timing and authentication. The integration addresses growing vulnerabilities in global infrastructure caused by cyber warfare and signal interference. By using VIAVI’s SecureTime altGNSS services, the RockFLEET Assured solution provides a trusted secondary position source for mission-critical operations.
This is particularly vital for maritime and defense sectors operating in Denied, Degraded, and Disrupted Space Operational Environments/D3SOE, where reliance on traditional satellite signals alone poses a significant operational risk. This partnership reinforces Viavi Solutions’ (NASDAQ:VIAV) role in providing high-assurance navigation technology to safeguard critical assets in contested global waters.
Viavi Solutions (NASDAQ:VIAV) is a technology company that offers network testing, monitoring, and assurance solutions, as well as light-management technologies. It delivers 5G, fiber, and 3D sensing solutions through two segments: Network and Service Enablement/NSE and Optical Security and Performance Products/OSP.
2. Vicor Corporation (NASDAQ:VICR)
Vicor Corporation (NASDAQ:VICR) is one of the best NASDAQ growth stocks to buy and hold forever. On April 21, Vicor reported a 20.2% year-over-year increase in product and royalty revenues for Q1 2026, totaling $113.0 million. This growth was accompanied by a rise in gross margin, which reached $62.4 million, or 55.2% of revenue, compared to 47.2% in the same period last year. Net income for the quarter stood at $20.7 million, or $0.44 per diluted share, a jump from the $2.5 million reported a year ago, though down sequentially from Q4 2025 due to a prior one-time tax benefit.
The company’s backlog surged to $301 million, representing a 70% sequential increase from the previous quarter and a 75% increase year-over-year. The CEO attributed this demand to high-performance computing, industrial, and aerospace applications. To meet this rising need, Vicor is expanding capacity in its current facility while planning a second fab to provide redundant supply chains for its high-current-density power modules, particularly for OEMs and hyperscale data center operators.
Financially, Vicor Corporation (NASDAQ:VICR) ended the quarter with $404.2 million in cash and cash equivalents. Additionally, the company noted that its efforts to protect its intellectual property are influencing the market, as it continues to challenge the unauthorized importation of computing systems that infringe on Vicor’s power system innovations.
Vicor Corporation (NASDAQ:VICR) is a global leader in power technology. The company and its subsidiaries design, manufacture, and market modular power components and systems used to convert electrical power for devices worldwide.
1. NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is one of the best NASDAQ growth stocks to buy and hold forever. On April 23, NVIDIA entered into a strategic agreement with Oklo Inc. and Los Alamos National Laboratory/LANL to integrate its AI and accelerated computing infrastructure with advanced nuclear technology. The collaboration focuses on developing nuclear-powered AI factories, combining NVIDIA’s high-performance compute and digital twin capabilities with advanced reactor platforms.
The partnership aims to create the critical infrastructure necessary to support the federal government’s Genesis Mission and accelerate the deployment of high-assurance energy for data centers. Under the agreement, NVIDIA Corporation’s (NASDAQ:NVDA) AI technology will power physics- and chemistry-based inference models designed to support nuclear fuel research and development. These models will specifically assist in the validation and fabrication of plutonium-bearing fuels for Oklo’s Pluto reactor.
By using modeling and simulation, the partners intend to streamline the R&D process for materials science, bringing together advanced reactor deployment and world-class high-performance computing to solve complex energy challenges. The collaboration also includes comprehensive studies on grid reliability, redundancy, and stabilization to ensure that AI factories have resilient, dedicated power sources.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces/APIs, and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
While we acknowledge the potential of NVDA 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 NVDA and that has 100x upside potential, check out our report about the cheapest AI stock.
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