3 Monster Stocks to Hold for the Next 10 Years

Most experienced investors understand that the market's best stocks to own at any given time are usually the ones worth buying and holding forever.

But sometimes, a company is obviously entering a phase of abnormally strong growth. Here are three such stocks to consider adding to your portfolio for the coming 10 years.

1. Carvana

You already know the advent of online shopping has disrupted the brick-and-mortar retailing industry. But do you realize how much it's done to the United States' used car business? Carvana (NYSE: CVNA) sold nearly 600,000 automobiles directly to retail buyers last year, up 43% from 2024's tally.

That's still only a fraction of the nation's entire used vehicle sales business, which Cox Automotive estimates to have reached unit sales of a little over 20 million in 2025. And anyone keeping tabs on Carvana likely knows this ticker is down more than 30% just since late January, largely due to its fourth-quarter earnings miss and a lack of clear guidance for the year now underway.

But the company's fourth-quarter revenue was still up 58% year over year, driving it to record profit levels. Analysts expect comparable progress this year as well as next, as online purchases of vehicles continue becoming the new norm. Carvana's lack of market share right now is the heart of the growth opportunity here.

2. Chewy

Speaking of online shopping, pet supply e-commerce outfit Chewy (NYSE: CHWY) is slowly but surely chipping away at the competition in this space, including Walmart and Amazon.

The key is arguably its specialization. Although both Walmart and Amazon can (and do) deliver pet food on an ongoing basis to pet owners, Chewy has figured out how to do it best, likely by limiting its focus as well as offering recurring deliveries of prescription pharmaceuticals. Of last quarter's $3.26 billion in revenue, 84% of it came from so-called "autoship" customers, extending this subscription program's penetration of less than 70% as of mid-2020.

There's not likely to be a massive amount of growth from this name at any point in the decade ahead. What growth awaits is apt to be unstoppable, though, as more consumers choose to simplify at least one aspect of their shopping by punting this work to a clever, focused service provider.

3. SoFi Technologies

Last, add SoFi Technologies (NASDAQ: SOFI) to your list of monster stocks to buy and hold for what could prove to be an explosive decade.

SoFi is an online bank, capitalizing on the same shift toward online self-service that's fueling growth for Carvana and Chewy right now. As of the end of last year, it was serving 13.7 million unique customers, up 35% year over year.

The U.S. is home to more than 340 million people living in nearly 133 million different households, according to the U.S. Census Bureau, all increasingly tech-savvy as well as craving convenience. A recent survey performed by the American Bankers Association indicates that even baby boomers -- who didn't have modern-day connectivity options like smartphones or the internet for most of their lives -- prefer using mobile apps and computers to handle banking matters.

Like buying a car or ordering pet food, banking online is quickly becoming the new norm. SoFi is built from the ground up to accommodate this ongoing shift.

James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Chewy, and Walmart. The Motley Fool has a disclosure policy.