10 Best Stocks to Buy For Next 10 Years

The AI bubble seems to be popping sooner than expected. Investors are running out of patience, and they want to know where the returns are on the huge AI investments. Tech stocks including Amazon, Meta, Alphabet, and Intel dropped hard after their latest earnings reports. Intel fell 29%, its biggest one-day drop in more than four decades, after a weak sales forecast dragged down chipmakers like Nvidia and Broadcom. Before the drop, Intel had gained about 143% over the past year, and we looked at whether its turnaround could keep going. Read our Intel analysis here. Amazon and Alphabet also fell after they stuck with aggressive AI spending plans while their core businesses cooled. Alphabet and Meta both reported negative cash flows.

Investors moved into safer assets. Utilities and consumer staples each rose more than 10% in October, and Treasuries and investment-grade bonds posted their best monthly return since late 2020, Bloomberg reported.

Billionaire Howard Marks, co-chair of Oaktree Capital Management, said in his latest interview on Bloomberg TV that the recent AI stumbles have burst the bubble of infallibility around the sector. He called the new skepticism healthy and said nobody knows whether AI will produce enough profit to pay for all the spending, Bloomberg reported. Marks has warned about this risk before, and we covered his earlier AI warning and 10 non-AI stock picks.

You can see the 10 stocks to buy for the next 10 years in our video on YouTube by clicking the image below.

Methodology

We looked through a Reddit discussion on r/ValueInvesting where users were asked which single stock they would buy and hold for 10 years. We picked the 10 stocks Redditors named most often, counting repeat mentions and skipping jokes and memes. For each stock, we explain why Redditors like it. We then ranked the 10 in ascending order by the number of hedge fund investors, based on Insider Monkey’s database of 1,006 hedge funds at the end of the second quarter of 2026.

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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 612% since May 2014, beating its benchmark by 375 percentage points (see more details here).

#10 AST SpaceMobile, Inc. (NASDAQ:ASTS)

Number of Hedge Fund Holders: 34

AST SpaceMobile is building a satellite network that connects directly to regular mobile phones. Some retail investors like the stock because they say its open model lets any phone company use the network, which could beat Starlink’s closed approach. They also said the open model lowers customer acquisition costs and offers fast speeds. Others asked whether it already works as a usable alternative today. Timing and execution are the open questions.

AST SpaceMobile shares are down about 50% this year amid launch delays, new competition from SpaceX, and share dilution from convertible note sales, but bulls say the company has carrier deals and spectrum that rivals will struggle to match.

AST sells satellite coverage to phone carriers, and the carriers sell it to their own customers. The company has signed more than 60 carriers that cover over 3 billion subscribers, including AT&T, Verizon, and Vodafone. AST also combines carrier spectrum with spectrum it controls and targets about 100 MHz in the US. Spectrum is scarce and tightly regulated, so it is hard to copy. Governments use the service too, and the US and Japan backed it in October through its Rakuten partnership. If AST gets enough satellites into orbit, bulls expect these contracts to bring steady demand for many years.

Bears say AST is behind schedule. Piper Sandler cut its forecast to 18 satellites by the end of 2026, down from 45, and AST needs 25 to start even partial US service. SpaceX is building a rival mobile service after buying 800 MHz spectrum, and AST depends on SpaceX to launch some of its satellites. AST also keeps raising money through convertible notes, which adds debt and can dilute shareholders. Until AST SpaceMobile shows steady launches and real revenue, bears see little reason to pay today’s valuation.

#9 Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 104

Costco won votes for its management and its culture. Redditors like its steady growth year after year and how it treats its employees and customers. RiverPark Large Growth Fund named Costco its third-largest contributor in the first quarter of 2026, with a 16% gain. Check the full letter here.

Costco Wholesale is up about 17% so far this year, but bears say its valuation leaves no room for a slowdown. Bulls say the stock deserves its premium because shoppers keep renewing their memberships.

Costco trades at a forward P/E of about 44, more than twice the S&P 500’s 18.7. Analysts expect earnings to grow about 10% a year, which matches the market’s long-run pace. If that happens, Costco’s P/E falls to about 37 in two years and about 33 in three. Growth is also slowing. Earnings per share grew about 15% a year over the five years through fiscal 2025, and comparable sales excluding gas and currency now rise 6% to 7%. Walmart added pressure in October with a $120 membership that bundles Walmart+ and Sam’s Club Plus. It undercuts Costco’s $130 Executive membership.