In this article, we will look at the 7 Stocks That Could 10X in the Next 3 Years.
On September 15, Tom Lee, the head of research at Fundstrat Global Advisors, appeared on a CNBC interview to share his insights ahead of the rate cut decision. Lee called the current bull market mid-cycle, suggesting there is still room to run. He sees the market rally as roughly in the third to fifth inning.
Lee also highlighted the role of artificial intelligence in driving prolonged earnings growth and innovation. He said the Mag-7 tech trade is somewhat late cycle, but AI has many years left to continue propelling growth. He notes that the next significant market step, however, depends on the Federal Reserve cutting rates, which would help lift key economic indicators, such as the ISM index, and reduce mortgage rates, supporting a broad market rally.
While talking about the importance of rate cuts, Lee noted that CEO confidence is vital. He added that the labor market is slowing, and businesses remain cautious. The Fed’s entering an easing cycle would restore confidence and incentivize business expansion. According to him, such cuts would bring a real boost to liquidity in the markets.
Lee identified three main beneficiaries of Fed rate cuts based on past examples in 1998 and earlier in 2024. Firstly, the Nasdaq 100 and the Mag-7 tech and AI trades would see a strong lift. Second, assets sensitive to global monetary easing, like Bitcoin and Ethereum, could make significant moves upward. Lastly, rate-sensitive sectors such as small caps and financials would benefit, with financials standing out as more important than ever.
With that, let’s take a look at the 7 stocks that could be 10x in the next 3 years.
Our Methodology
We sifted through various reputable financial media websites and aggregated a list of stocks that could 10x in the next 3 years. Next, we ranked these stocks in ascending order of the number of hedge fund holders sourced from Insider Monkey’s Q2 2025 database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
7 Stocks That Could 10X in the Next 3 Years
7. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 113
Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the Stocks That Could 10X in the Next 3 Years. Wall Street has a mixed opinion about Advanced Micro Devices, Inc. (NASDAQ:AMD), even after the company topped revenue estimates for the fiscal second quarter of 2025. The stock has fallen more than 9% since August 5 on valuation concerns.
The company posted $7.69 billion in revenue, which was up 31.71% year-over-year and ahead of consensus by $255.65 million. Moreover, the EPS of $0.48 also stayed in line with the expectations.
On September 4, Christopher Danely from Citi reiterated a Hold rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $180. He noted that the company is expected to witness robust growth in its AI business, with significant growth coming from its GPU offerings. However, despite these positive indicators, Danely remains cautious due to the current valuation of the company, which he suggests is 37 times the estimated earnings per share for 2026.
However, on the same day, William Stein from Truist Financial reiterated a Buy rating on the stock with a $213 price target. More recently, Harsh Kumar from Piper Sandler also reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $190. Looking ahead, management expects third-quarter revenue to be approximately $8.7 billion, representing 28% year-over-year growth.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company specializing in high-performance computing, graphics, and visualization technologies.
6. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 115
Tesla, Inc. (NASDAQ:TSLA) is among the Stocks That Could 10X in the Next 3 Years. On September 14, Reuters reported that Tesla, Inc. (NASDAQ:TSLA) plans to raise production at its German factory in Gruenheide for the rest of 2025.
The decision comes after the company experienced strong sales across the markets it serves. Although Germany remains a tough market due to competition coming from Chinese electric carmakers. As a result, Tesla, Inc. (NASDAQ:TSLA) only sold 1,110 cars in Germany in July 2025, down 50% year-over-year. However, the factory in Germany supplies cars to more than 30 countries. Andre Thierig, the factory’s manager, noted positive sales trends in those other markets. This broader demand is driving Tesla, Inc. (NASDAQ:TSLA) to increase its production plans for the third and fourth quarters.
Tesla, Inc. (NASDAQ:TSLA) designs and manufactures high-performance electric vehicles and also develops and sells energy generation and storage products.
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