In this article, we will list the 5 Best NASDAQ Stocks to Buy and Hold For 3 Years. Please visit 15 Best NASDAQ Stocks to Buy and Hold For 3 Years if you would like to see the extended list and the methodology behind it.
5. ASML Holding N.V. (NASDAQ:ASML)
Number of Hedge Fund Holders: 133
ASML Holding N.V. (NASDAQ:ASML) is one of the best NASDAQ stocks to buy and hold for 3 years. BofA lifted the price target on ASML Holding N.V. (NASDAQ:ASML) to EUR 1,921 from EUR 1,710 on June 4 and maintained a Buy rating on the shares. The rating update came after the company’s technology conference, with the firm telling investors in a research note that ASML’s extreme ultraviolet lithography capacity could increase beyond 90 units exiting 2027 as it reduces lead times and finds assembly efficiencies. The firm also sees China’s demand recovering in 2027.
Separately, in its financial results for fiscal Q1 2026, ASML Holding N.V. (NASDAQ:ASML) reported total net sales of €8.8 billion, gross margin of 53.0%, and net income of €2.8 billion. The company anticipates Q2 2026 total net sales to be between €8.4 billion and €9.0 billion, and a gross margin between 51% and 52%.
ASML Holding N.V. (NASDAQ:ASML) is involved in the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. It includes lithography, metrology, and inspection systems.
4. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders: 144
Netflix, Inc. (NASDAQ:NFLX) is one of the best NASDAQ stocks to buy and hold for 3 years. Reuters reported on June 4 that FIFA is set to release a new football video game called FIFA World Cup: Launch Edition on Netflix Games on June 11. The release is timed to coincide with the start of the 2026 World Cup, and the title will be exclusively available to Netflix subscribers at no additional cost. The game is developed in partnership with Delphi Interactive and Netflix Games, and is designed as an accessible football simulation through which players can take part in the tournament experience.
Up to four users can play together and will be able to choose from all 48 teams that are competing in the World Cup to play matches across the tournament’s 16 stadiums. It added that more than 1,200 players are included in the game. According to FIFA, the format employs smartphones as controllers, allowing users to connect to a television by scanning a QR code.
Netflix, Inc. (NASDAQ:NFLX) provides entertainment services and also offers leisure-time activities, video gaming, entertainment video, and other sources of entertainment. Its operations are divided into the United States and International geographic segments.
3. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 173
Broadcom Inc. (NASDAQ:AVGO) is one of the best NASDAQ stocks to buy and hold for 3 years. Broadcom Inc. (NASDAQ:AVGO) received a rating update from Benchmark on June 4. The firm lifted the price target on the stock to $545 from $485 and maintained a Buy rating on the shares, stating that shares sold off by about 13% after-hours despite record Q2 results, a 4c EPS beat, and Q3 revenue guidance $1.15B above consensus. The firm blames this on the market “measuring the report against an elevated AI semiconductor bar rather than published estimates”.
According to Benchmark, a further contributor to the stock’s weakness was management’s public acknowledgment that Google, which is Broadcom Inc.’s (NASDAQ:AVGO) largest TPU customer, is expected to diversify its TPU supplier base as its own AI compute consumption expands. However, despite that, the firm also believes that this supplier-diversification to MediaTek issue has become “widely expected and understood by industry followers”.
Broadcom Inc. (NASDAQ:AVGO) is a leading multinational technology company specializing in semiconductor and infrastructure software products. Its semiconductor and semiconductor-based solutions serve markets across networking connectivity, broadband, servers and storage systems, wireless device connectivity, and industrial. The company’s infrastructure software solutions serve markets including cybersecurity, private cloud, mainframe software, enterprise software, and Fibre Channel storage area network management.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
NVIDIA Corporation (NASDAQ:NVDA) is one of the best NASDAQ stocks to buy and hold for 3 years. Reuters reported on June 1 that NVIDIA Corporation (NASDAQ:NVDA) unveiled a new chip that incorporates AI capabilities directly into desktop computers and laptops. CEO Jensen Huang stated that the RTX Spark PC chip is part of the company’s endeavors with Microsoft to “reinvent the PC” for the AI era, following three years of collaboration between the companies. Reuters further reported that the chip is developed with Taiwan’s MediaTek, and is set to debut in laptops and compact desktops this fall from Dell, HP, Lenovo, ASUS, Microsoft Surface, and MSI, with models from Acer and GIGABYTE to follow.
In a separate development, Reuters reported on May 26 that, according to a report by Bloomberg News citing people familiar with the matter, Taiwan prosecutors suspect that three individuals managed to smuggle at least one shipment of NVIDIA Corporation (NASDAQ:NVDA) chips to China before first exporting them to Japan. However, the report could not be immediately verified by Reuters.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 353
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best NASDAQ stocks to buy and hold for 3 years. Reuters reported on June 4 that Pinterest announced that it would pay Amazon.com’s (NASDAQ:AMZN) AWS $4 billion for cloud services through 2031 in an attempt to bolster a long-term partnership between the two companies. Pinterest’s Chief Technology Officer Matt Madrigal stated that the expanded commitment with AWS offers compute flexibility, infrastructure efficiency, and hardware optionality to accelerate the company’s AI mission.
In another development, Reuters reported on June 4 that Amazon.com, Inc. (NASDAQ:AMZN) announced on Thursday an upgraded AI-powered mobile robot for its warehouses as part of a €10 billion ($11.6 billion) investment in its European fulfillment network. The robot is capable of responding to conversational prompts, with the company working to speed up deliveries. The next-generation Proteus robot was showcased at its “Delivering the Future” event at its Dartford fulfilment centre, east of London.
Amazon.com, Inc. (NASDAQ:AMZN) provides its customers with a range of products and services. It offers advanced tools for AR and VR developers through its Amazon Web Services (AWS) platform.
While we acknowledge the potential of AMZN 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 AMZN and that has 100x upside potential, check out our report about the cheapest AI stock.
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