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.
5. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 156
Apple Inc. (NASDAQ:AAPL) is among the Stocks That Could 10X in the Next 3 Years. On September 10, J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Apple Inc. (NASDAQ:AAPL) without disclosing any price target. The rating comes after the company announced its iPhone 17 series.
The analyst noted that his bullish sentiment is based on the strong demand signals for the new iPhone 17 series. He highlighted that the initial delivery lead times for the new series are longer than the previous one, indicating higher consumer interest. Moreover, this improved consumer sentiment is seen across all key regions, including the US, Europe, and China.
In addition, the base model of the iPhone 17 is gaining traction faster than the company’s internal expectations, pointing towards a solid sales momentum during the launch cycle.
Moreover, on September 10, BofA analyst Wamsi Mohan raised the price target on Apple Inc. (NASDAQ:AAPL) from $260 to $270, while reiterating a Buy rating. He also based his bullish sentiment on what Chatterjee pointed out. Wamsi Mohan notes that he tracked the company’s website and other various carrier sites and found that ship dates for the iPhone 17 Pro and Pro Max are longer than last year’s models at the same stage of pre-orders. He added that the current ship dates for the iPhone 17 are the longest since the iPhone 11 launch, suggesting strong demand for the new iPhones.
Apple Inc. (NASDAQ:AAPL) designs and sells smartphones, personal computers, tablets, wearables, and accessories.
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 219
Alphabet Inc. (NASDAQ:GOOGL) is among the Stocks That Could 10X in the Next 3 Years. On September 9, Reuters reported that Alphabet Inc.’s (NASDAQ:GOOGL) Google Cloud has lined up around $58 billion in new revenue for the next two years.
This comes as the company’s cloud unit continues to expand rapidly, becoming a significant contributor to Alphabet Inc.’s (NASDAQ:GOOGL) total revenue. The company reported that its cloud business exceeded $50 billion in annual revenue run rate as of July 2025, signalling strong future sales. Moreover, Unit Chief Thomas Kurian told investors at the Goldman Sachs Communacopia + Technology conference that the backlog of non-recognized sales contracts is growing even faster than its revenue. He noted that 55% of this $106 billion backlog is expected to become revenue within the next two years.
Similarly, the new customer growth for Google Cloud also remains strong with a 28% increase quarter-over-quarter. Management also noted that 9 out of 10 leading artificial labs are now its customers.
While cloud computing accounts for only 14% of Alphabet Inc.’s (NASDAQ:GOOGL) total revenue, which is much less than its dominant ad business, it is one of the fastest-growing segments.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company with three main segments, including Google Services, Google Cloud, and Other Bets.
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is among the Stocks That Could 10X in the Next 3 Years. On September 9, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) has announced plans to launch a new AI chip called “Rubin CPX” by the end of 2026.
This new chip is based on the company’s next-generation Rubin architecture, following its recent Blackwell technology. Management noted that the new chip targets complex AI tasks such as video creation and AI-assisted software coding.
Data-heavy operations such as generating video or writing code require more processing power, which the current GPUs are struggling to handle. For instance, processing one hour of video can require handling up to 1 million tokens. To address this, NVIDIA Corporation’s (NASDAQ:NVDA) new chip integrates multiple processing steps, such as video decoding, encoding, and AI inference, into a single system. This integration aims to improve efficiency and speed for AI workloads.
The company plans to invest $100 million in these new systems and expects this to help unlock $5 billion in token-related revenue.
NVIDIA Corporation (NASDAQ:NVDA) designs advanced computing products focused on accelerated computing and graphics.
2. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 260
Meta Platforms, Inc. (NASDAQ:META) is among the Stocks That Could 10X in the Next 3 Years. On September 11, Andrew Boone from Citizens JMP reiterated a Market Outperform rating on Meta Platforms, Inc. (NASDAQ:META) with a $900 price target.
The analyst highlighted the company’s expansion of Reels trending ads to all advertisers for the holiday season. He noted that early analysis shows that these ads boost unaided brand awareness by 20%; this figure matches that of YouTube Select and surpasses TikTok Pulse.
Moreover, Meta Platforms, Inc. (NASDAQ:META) is also testing new ad formats, including Advantage+ catalog and app ads, alongside single-image and video ads on its Threads platform. Boone sees this as a positive sign as the company is leveraging multiple tools to improve advertising performance.
The analyst noted that these efforts have positioned the company for sustained growth. Moreover, Threads, which has over 400 million monthly active users, also remains largely underutilized in terms of monetization, leaving further room for growth.
Meta Platforms, Inc. (NASDAQ:META) builds technologies that connect people through social apps and immersive devices.
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 294
Microsoft Corporation (NASDAQ:MSFT) is among the Stocks That Could 10X in the Next 3 Years. On September 15, Terry Tillman from Truist Financial reiterated a Buy rating on Microsoft Corporation (NASDAQ:MSFT) without disclosing any price target.
The rating comes after the company, on September 11, signed a non-binding deal with OpenAI to set new terms for their partnership. The agreement allows OpenAI to restructure itself into a for-profit company and is aimed at helping OpenAI raise capital and eventually go public to accelerate AI development.
The analyst noted that this announcement potentially addresses some investor concerns regarding the nature of the partnership between the two companies. However, the joint statement remained brief. Tillman expects the updated memorandum of understanding to bring some near-term stability in terms of the market perception of this partnership.
The analyst expects more details to emerge in the coming weeks, and he is closely looking at Microsoft Corporation (NASDAQ:MSFT) to analyze the change in revenue opportunities with regard to the redefined partnership with OpenAI.
Microsoft Corporation (NASDAQ:MSFT) develops and supports software, cloud services, devices, and solutions.
While we acknowledge the potential of MSFT 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 MSFT and that has 100x upside potential, check out our report about this cheapest AI stock.
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