In this piece we will look at the 5 Stocks That Will Double in the Next 5 Years. Please visit 14 Stocks That Will Double in the Next 5 Years if you’d like to see an extended list and how we came up with the list of Stocks That Will Double in the Next 5 Years.
5. MercadoLibre, Inc. (NASDAQ:MELI)
EPS Growth This Year: 22.86%
EPS Growth Next 5 Years: 33.60%
Number of Hedge Fund Holders: 113
MercadoLibre, Inc. (NASDAQ:MELI) is among the Stocks That Will Double in the Next 5 Years.
On April 7, Alexander Wright from Jefferies upgraded MercadoLibre, Inc. (NASDAQ:MELI) from Hold to Buy, but lowered the price target from $2,800 to $2,600. The firm noted that the earnings downgrades due to compressing margins have sent the valuation of the company to historic lows. However, the increased investment is coming out as a strong revenue growth driver.
Stocks
In separate news, on April 10, BTIG reiterated a Buy rating on the stock with a price target of $2,400. The firm noted updating its valuation model to reflect recent macroeconomic factors, including foreign exchange rates, energy prices, and retail spending trends. BTIG kept its full-year 2026 operating income estimate steady at around $3.6 billion while anticipating a $120 million shortfall in first-half 2026 operating income. It also increased first-quarter 2026 loan loss provisions due to expected robust new credit card issuance.
MercadoLibre, Inc. (NASDAQ:MELI) runs online commerce platforms. It operates Mercado Pago and Mercado Libre Marketplace. The company also offers Mercado Fondo, Mercado Envios, and Mercado Credito. MercadoLibre was founded in 1999 and is based in Montevideo, Uruguay.
4. Advanced Micro Devices, Inc. (NASDAQ:AMD)
EPS Growth This Year: 63.25%
EPS Growth Next 5 Years: 51.26%
Number of Hedge Fund Holders: 132
Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the Stocks That Will Double in the Next 5 Years.
Wall Street is bullish on Advanced Micro Devices, Inc. (NASDAQ:AMD) as 79% of the 56 analysts covering the stock maintain a Buy rating on the stock. Recently, on April 16, Bernstein raised the firm’s price target on the stock from $235 to $265, but maintained a Market Perform rating.
The firm noted that they expect stronger server demand to lead to weaker PC sales. Bernstein expects EPYC processor sales to rise about 50% year-over-year in 2026, while incorporating the Meta AI deal, which they believe consensus estimates underappreciate. Moreover, the firm also raised its Q1 2026 revenue estimates to $9.9 billion, up from $9.8 billion, with EPS at $1.27, up from $1.25, still below the broader consensus. For Q2 2026, the firm models $10.1 billion in revenue and $1.38 EPS, up from prior figures but under the consensus of $10.5 billion and $1.42.
Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems.
3. Micron Technology, Inc. (NASDAQ:MU)
EPS Growth This Year: 586.99%
EPS Growth Next 5 Years: 113.87%
Number of Hedge Fund Holders: 137
Micron Technology, Inc. (NASDAQ:MU) is among the Stocks That Will Double in the Next 5 Years.
The Street has a bullish outlook on Micron Technology, Inc. (NASDAQ:MU) as 92% of the 48 analysts covering the stock have a Buy rating. Moreover, the analyst’s 12-month average price target suggests more than 20% upside from the current level.
Recently, on April 7, Timothy Arcuri from UBS raised the price target on the stock from $510 to $535, while maintaining a Buy rating on the shares. The firm noted stronger DRAM and NAND pricing as one of the key reasons behind the price target upgrade. Moreover, UBS also highlighted that a potential memory super-cycle can offset gross margin concerns.
On the other hand, earlier on March 31, Atif Malik from Citi assigned a Buy rating on the stock but lowered the price target from $512.05 to $425. The analyst quoted weaker DRAM spot prices due to TurboQuant concerns. However, the analyst still believes the medium-term demand for DRAM and NAND remains intact.
Micron Technology Inc. (NASDAQ:MU) designs, develops, manufactures, and markets memory and storage products, including dynamic random-access memory (DRAM), flash memory (NAND), solid-state drives (SSDs), and High Bandwidth Memory (HBM) globally.
2. Broadcom Inc. (NASDAQ:AVGO)
EPS Growth This Year: 65.89%
EPS Growth Next 5 Years: 48.64%
Number of Hedge Fund Holders: 202
Broadcom Inc. (NASDAQ:AVGO) is among the Stocks That Will Double in the Next 5 Years.
On April 15, Benchmark reiterated a Buy rating on Broadcom Inc. (NASDAQ:AVGO) with a price target of $485. The firm noted that the recent AI partnership with Meta suggests that the company can exceed its target of generating more than $100 billion in AI semiconductor revenue in fiscal 2027. The firm noted that this target is a big jump for Broadcom, as it generated around $20 billion in AI revenue in 2025.
The partnership between Meta and Broadcom is aimed at extending AI engagement till 2029 to deploy more than 1 gigawatt of custom AI accelerator capacity. Moreover, this is framed as a multi‑generation, multi‑year partnership, not just a one‑off order, which gives the company both longer‑dated visibility and revenue duration for its custom XPU program.
Overall, the Street is bullish on Broadcom Inc. (NASDAQ:AVGO) as 94% of the 54 analysts covering the stock maintain a Buy rating. The average 12-month price target suggests more than 16% upside from the current level.
Broadcom Inc. (NASDAQ:AVGO) is a technology leader that designs, develops, and supplies semiconductors and infrastructure software for global organizations’ complex, mission-critical needs. Broadcom combines long-term R&D investment with superb execution to deliver the best technology at scale.
1. NVIDIA Corporation (NASDAQ:NVDA)
EPS Growth This Year: 73.99%
EPS Growth Next 5 Years: 39.56%
Number of Hedge Fund Holders: 264
NVIDIA Corporation (NASDAQ:NVDA) is among the Stocks That Will Double in the Next 5 Years.
On April 15, Reuters reported that Cadence Design Systems and NVIDIA Corporation (NASDAQ:NVDA) have entered a partnership to enhance the development of AI for robots. The report highlighted that Cadence is working with Nvidia to integrate its physical engines, which will allow Nvidia to train robots inside computer simulations.
This is important for Nvidia as training robots inside simulations can shrink training time, and Cadence’s physics engines help in such tasks. Cadence CEO Anirudh Devgan noted that more precisely generated data improves AI model quality. Devgan also emphasized how these tools enhance AI system design processes.
That said, the street is bullish on NVIDIA Corporation (NASDAQ:NVDA), as 93% of the 70 analysts covering the stock maintain a Buy rating on the share. The average 12-month price target suggests more than 32% upside from the current level.
NVIDIA Corp. (NASDAQ:NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and AI hardware and software. Its GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide.
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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