5 Best Young Stocks to Buy and Hold For Next 20 Years

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In this article, we discuss 5 best young stocks to buy and hold for the next 20 years. If you want to read about some more young stocks, go directly to 10 Best Young Stocks to Buy and Hold For Next 20 Years.

5. Grab Holdings Limited (NASDAQ:GRAB)

Number of Hedge Fund Holders: 25 

Grab Holdings Limited (NASDAQ:GRAB) provides super-apps that allow access to mobility, delivery, financial services, and enterprise offerings through its mobile application. It is one of the best IPO stocks to invest in. On June 8, Grab Holdings said it would offer its in-house mapping and location services to GrabMaps. This service was used by the Singapore-based firm’s drivers and delivery partners and is now available in Southeast Asian countries.

On October 10, Barclays analyst Jiong Shao initiated coverage of Grab Holdings (NVM:GRAB) stock with an Equal Weight rating and a $3 price target, noting that the company has a very strong competitive position in the food delivery and ride hailing category.

Among the hedge funds being tracked by Insider Monkey, Connecticut-based firm Tremblant Capital is a leading shareholder in Grab Holdings Limited (NASDAQ:GRAB), with 28 million shares worth more than $70.9 million. 

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