4 Growth Stocks to Consider for Long-Term Holdings, Including Fluor and Opendoor
Growth stocks continue to offer diverse opportunities beyond the tech sector, with companies like Fluor Corporation (FLR) and Opendoor Technologies (OPEN) presenting compelling cases for long-term investors. Fluor, a $7 billion construction and engineering firm, has delivered volatile but impressive returns, averaging 35% annual gains over the past five years despite a recent 14% year-to-date dip. Its forward P/E ratio of 18 aligns with historical averages, suggesting potential undervaluation.
The company's full-service capabilities—spanning design, construction, and maintenance of projects like copper mines and LNG facilities—underscore its growth potential. While Q2 earnings disappointed, Fluor's niche expertise in critical infrastructure remains a durable advantage. Similarly, Opendoor Technologies exemplifies innovation in real estate, leveraging technology to disrupt traditional transaction models.
Market volatility has created entry points for disciplined investors. As with crypto assets, selectivity matters: focus on companies with proven execution and sector tailwinds rather than chasing short-term momentum.