7 Massive Growth Stocks to Own for the Next 10 Years

Apple Inc. (NASDAQ: AAPL) has delivered a split-adjusted total return of over 870% in the past 10 years. That includes a dividend the company has increased in each of those years.

Can Apple keep this historic run going? It would seem so.

Apple just rolled out its first attempt at AI with “Apple Intelligence," giving the 25%+ of Apple owners who haven't seen a compelling reason to upgrade their phones for several reasons a reason to do so now. 

This is why analysts are forecasting average earnings per share (EPS) growth of about 19% in the next three years. That will give Apple, which is already a cash-rich company, even more ammunition to fund future growth.  

Even as the company’s earnings grow, it’s expected to have a forward P/E of around 28x to 29x during that period. That’s a premium to the S&P but offers a fair valuation in the technology sector.  

Walmart Inc. (NYSE: WMT) may not be the first name you think of when it comes to growth stocks. However, this Dividend King has delivered a split-adjusted total return of more than 315% in the last 10 years. That's approximately 35% better than the total return of the S&P 500 (including dividends) in the same period. Analysts are forecasting EPS growth of approximately 18% in the next three years.  

Walmart is a retail category leader that has a history of delivering consistent results no matter the state of the economy. Further, the company’s revenue and earnings growth showcase its ability to capture both the dollar store customer as well as the premium shopper looking for deals.  

And Walmart is not resting on its considerable laurels. Through initiatives like its Walmart+ service, the company is a dominant player in e-commerce and is even beginning to encroach on markets that were once safely in the domain of Amazon.com Inc. (NASDAQ: AMZN).  

WMT stock is still forecast to have a forward P/E above 30x in the next few years. However, the company continues to offer value for its shareholders, which is likely to support the premium valuation.  

NVIDIA Corp. (NASDAQ: NVDA) is another stock that, despite its high valuation, might still be worth holding your nose and buying anyway. You’ll pay a premium for NVDA stock, but with analysts forecasting average EPS growth of around 75% for the next three years, it’s a premium worth paying.

To be clear, NVIDIA will have competitors over the next decade, particularly as AI moves from data centers to devices. That may cause the company’s growth to slow down. But slowing earnings growth of around 20% is still enticing for many investors, particularly when that earnings growth comes with a massive increase in free cash flow (FCF).  

The reason to believe in the company’s future earnings outlook comes from the multi-year AI tailwind. NVIDIA is showing an ability to produce its chips at a significantly faster rate which is likely to keep it one step ahead of competitors such as Advanced Micro Devices Inc. (NASDAQ: AMD) and Qualcomm Inc. (NASDAQ: QCOM).  

The housing market remains a wild card in 2025. But if you’re playing the long game, then The Sherwin-Williams Company (NYSE: SHW) is likely to offer an intriguing opportunity.  

If the housing market heats up, then owning Sherwin-Williams stock will be an obvious beneficiary. However, even if mortgage rates stay at levels that many first-time home buyers have never seen, there is evidence that lower interest rates are stirring activity in the home improvement sector.  

If you’re looking to give your home a cost-effective makeover, paint is a good place to start. Despite a challenging industry environment, Sherwin-Williams continues to be the market share leader. It managed to grow revenue in its Paint Stores group and break even in its Consumer Brands and Paint Coatings groups.  

SHW stock has delivered a total return of over 408% in the last 10 years. That includes a dividend that the company has increased for 47 consecutive years.  

Netflix Inc. (NASDAQ: NFLX) has been one of the best-performing stocks in the last 10 years, posting a total return of 1,827%. That growth correlates to the industry's transformation to a streaming model. And while consumers are feeling streaming fatigue, they continue to keep their Netflix subscriptions. 

The company’s growth is even more impressive when investors account for its 2023 pivot to incorporating an entry-level ad-supported tier. It also aggressively cracked down on password sharing.  

Both moves went away from the company’s roots but were moves the company needed to make as it still depends on producing original content to keep consumers engaged. The strategy's success can be seen in its revenue and earnings growth that’s expected to continue for the rest of the decade.  

Analysts are forecasting average EPS growth of more than 35% in the next three years. That will justify the premium investors are paying for NFLX stock.  

Weight-loss drugs are the darling of the biopharmaceutical sector. And if you’re looking for a blue-chip biopharma company to own for the next 10 years, you should consider Vertex Pharmaceuticals Inc. (NASDAQ: VRTX). 

The company is the market share leader in cystic fibrosis (CF) treatments and expects to win approvals for its most recent CF drug in early January 2025. The once-daily drug, Vanzacaftor, will offer more convenient dosing and is projected to be more powerful than Trikafta, the company’s current blockbuster drug. Analysts also expect this to be the its most profitable drug.  

In January, Vertex expects to get FDA approval for its non-opioid pain reliever, Suzetrigine. And the company continues to have one of the deepest pipelines in the industry. Keep in mind that approval for these drugs comes with patent protection for a number of years. That’s why analysts are forecasting earnings growth of over 3,000% in 2025—reason alone to buy the stock now and hold it for the next 10 years.  

Mining stocks are not typically known as strong growth candidates. However, demand forecasts for gold and copper are enough to put Freeport-McMoRan Inc. (NYSE: FCX) on a list of growth stocks to buy for massive gains.  

The company is one of the world’s leading miners of gold and copper, both of which are expected to show strong gains in 2025 and beyond. Gold has been a strong performer in 2024, but it’s copper that is likely to drive the company’s growth for the next decade. Simply put, demand for data centers and electric vehicles and the need to update an aging electrical grid are all catalysts for copper demand. 

FCX stock has delivered a total return of 89.63% in the last 10 years. But the company is expecting to grow earnings at an average of around 29% in the next three years. That growth is not yet priced into the stock, and analysts are forecasting strong stock price growth for 2025—and that growth is likely to be just the start of a multi-year trend.