In this article, we will list the 5 High-Growth Mega-Cap Stocks to Buy and Hold for Next 10 Years. Please visit the 10 High Growth Mega Cap Stocks to Buy And Hold For Next 10 Years if you’d like to see an extended list and the methodology behind it.
5. Tesla, Inc. (NASDAQ:TSLA)
On March 23, Barclays analyst Dan Levy reiterated a Hold rating on Tesla, Inc. (NASDAQ:TSLA) along with the price target of $360. The firm’s price target implies a 6% downside from the current levels. Analyst Dan Levy cautioned that capital expenditures from the company’s proposed Terafab semiconductor facility in Austin, Texas, will be very high for the electric vehicle maker. However, he noted that investors appear willing to support the company’s ambitious growth plans.
Barclays analyst Dan Levy stated:
What’s clear is that our ‘bull’ capex target for Terafab of $50bn+ appears dramatically low vs. the aspirations Tesla communicated, and could be many multiples higher, and likely well more than an order of magnitude higher. Yet it seems that the bulls are braced for this, knowing that you need to spend if you want to win. Note though, we expect Tesla to undergo construction in multiple phases, slowly ramping to the 1 TW target. And we would assume that Tesla and SpaceX [and] xAI will contribute funding.
Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk announced that Terafab will be jointly operated with SpaceX and xAI, combining Elon Musk’s robotic, AI, and space initiatives. The facility is designed to test and produce a wide range of chips, aiming for up to 1 terawatt-hour (TWh) of annual compute power, roughly 10% of current global data center capacity. The plant aims to reduce Tesla’s reliance on external chipmakers like TSMC and Samsung. It will start as a smaller site for chip design and testing, with plans to expand.
Tesla, Inc. (NASDAQ:TSLA) is a developer, manufacturer, designer, lessor, and seller of electric vehicles and energy generation and storage systems. The company operates across China, the United States, and globally. It operates through the Automotive and Energy Generation and Storage segments.
4. Oracle Corporation (NYSE:ORCL)
On March 24, Tal Liani of Bank of America Securities reinstated coverage of Oracle Corporation (NYSE:ORCL), assigning a $200 price target. The major factors in the firm’s bullish thesis on ORCL are its massive backlog and its ability to cater to increasing AI investments in the US. Oracle has a remaining performance obligation (RPO) of $553 billion, which offers good visibility into the company’s future earnings.
The analyst also pointed out that a major risk in the bull thesis is the customer concentration. A large part of this backlog comes from OpenAI.OpenAI intends to invest a total of $600 billion in computing power by 2030. Previously, in October, OpenAI CEO Sam Altman said the company could spend up to $1.4 trillion on infrastructure by 2033.
One month ago, BNP Paribas analyst Stefan Slowinski commented on how this particular risk is now reducing for Oracle Corporation (NYSE:ORCL):
With a more defined cash burn outlook and OpenAI’s $100bn+ capital raise closing soon (with another $80bn likely required thereafter to reach FCF breakeven), we believe this reduces the OpenAI counterparty risk for ORCL over the near term.
Oracle Corporation (NYSE:ORCL) provides information technology-related products and services to enterprises through its main business segments: Cloud and License, Hardware, and Services. The company is based in Austin, Texas, and was founded in June 1977 by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates.
3. Broadcom Inc. (NASDAQ:AVGO)
On March 24, Broadcom Inc. (NASDAQ:AVGO) and Carahsoft Technology Corp. announced that they had secured a five-year, $970M blanket purchase agreement from the Defense Information Systems Agency. The deal marks an expansion of AVGO’s role in U.S. defense technology. The agreement is designed to streamline and consolidate software contracts across multiple Department of Defense agencies, including the Space Force and Air Force. It also introduces standardized pricing and improved cost transparency for private cloud infrastructure, security solutions, and other Broadcom offerings. This is expected to simplify how agencies purchase and deploy technology.
Regan McGrath, President, Americas, Broadcom, expressed his views on the partnership:
Broadcom is proud to partner with Carahsoft on this vital modernization initiative for the DoW. By consolidating licensing, simplifying procurement and delivering a modern private cloud, we are helping the agency and the agencies it serves to accelerate secure digital transformation at scale. This agreement ensures mission-ready performance, consistent governance and a foundation capable of supporting the next generation of AI-enabled defense capabilities.
At the core of the agreement is VMware Cloud Foundation. It allows agencies to run both legacy and cloud-based applications on a single platform, with support for AI and Kubernetes. The deal also includes additional services and tools aimed at improving efficiency and reducing risks. It may also help reduce costs and speed up deployment timelines.
Broadcom Inc. (NASDAQ:AVGO) operates as a developer, designer, and supplier of a range of semiconductor devices and infrastructure software solutions globally. It operates through the Infrastructure Software and Semiconductor Solutions segments. The company was incorporated in 1961 and is based in Palo Alto, California.
2. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM)
Reuters reported on March 24 that, as per an executive at Broadcom, the company’s manufacturing partner, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), is operating near full capacity as demand for AI chips continues to surge. The executive added that the broader industry is also facing supply chain constraints. He pointed out shortages in areas such as printed circuit boards and lasers, which have emerged as unexpected bottlenecks and are causing delays. To address these constraints, many customers are signing long-term agreements for 3-4 years. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) has also said its customer planning timelines are now 2-3 years in advance due to tight capacity conditions.
Director of product marketing in Broadcom’s Physical Layer Products division, Natarajan Ramachandran, commented:
We are seeing that TSMC is hitting (production capacity) limits. They will be increasing the capacity to 2027, but that has become a bottleneck, or that has kind of choked the supply chain in 2026.
According to the CEO C.C. Wei, the company is working hard to expand the capacity in Arizona and Taiwan to meet demand. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), which produces around 90% of the world’s most advanced chips, counts Nvidia and Apple among its key customers. Meanwhile, Samsung is also shifting towards three- to five-year long-term contracts to better manage industry cycles.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is the world’s largest semiconductor foundry and is engaged in the manufacturing and designing of semiconductor chips. These chips are used by companies across several end markets, including personal computers and peripheral products, consumer electronics, wired and wireless communications systems, and automotive and industrial equipment.
1. NVIDIA Corporation (NASDAQ:NVDA)
On March 23, Rosenblatt Securities reiterated its Buy rating and $325 price target for NVIDIA Corporation (NASDAQ:NVDA). The note was issued by analyst Kevin Cassidy after Nvidia CEO Jensen Huang presented at the GTC-2026 conference. Just four days prior to this rating, Raymond James also raised NVDA price target to $323 from $291, bringing its expectations quite close to those of Rosenblatt Securities.
Wedbush Securities also chipped in on March 23 with a reaction to Jensen Huang’s comments at the conference. The firm pointed out that NVIDIA was well prepared to meet demand for its Blackwell and Rubin GPUs, which alone account for $1 trillion in incoming revenue.
NVIDIA currently dominates the AI chip market, but a recent announcement by ARM Holdings could force the company to rethink its long-term strategy. ARM announced that it was introducing its own AI data center chip, CGI CPU, to address agentic AI needs. Previously, the company used to license its chip design to Nvidia and earn royalties on sales.
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.
READ NEXT: 8 Best American Stocks to Buy and Hold in 2026 and 12 Best Mid Cap AI Stocks to Buy According to Hedge Funds.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
