2 Elite Growth Stocks to Buy and Hold Forever: Your Portfolio’s Next Power Move

Forget fleeting trends—these two titans redefine long-term wealth creation.

Market-Beating Performance

Both stocks consistently outperform benchmarks, delivering compound returns that leave traditional investments in the dust. Their growth trajectories mirror crypto's explosive potential but with established fundamentals.

Innovation Engine

Each company operates like a blockchain protocol—constantly upgrading, adapting, and dominating their sectors. They don't just follow trends; they set them.

Regulatory Moats

Unlike crypto's regulatory rollercoaster, these giants navigate compliance with precision—turning legal frameworks into competitive advantages while fintech startups scramble for licenses.

Because sometimes the smartest crypto play involves zero volatility and actual revenue—a concept that would give most 'degen' traders an identity crisis.

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Growth stock to buy No. 1: Costco Wholesale

Some things never go out of style. A well-curated selection of quality products offered at bargain prices has fueled's (COST 0.42%) growth since its founding in 1983 -- and will likely continue to do so for decades to come.

Beginning with its first location in Seattle and continuing with its more than 900 stores across the world today, Costco has operated under a straightforward yet hard-to-replicate strategy: minimize costs and keep prices low. This tried-and-true formula has propelled the warehouse-store's sales to a whopping $270 billion in its most recent fiscal year, which ended on Aug. 31.

Costco's massive scale and focused buying power -- its stores stock roughly 4,000 items, while other large retailers typically carry 30,000 or more -- help it receive big discounts from its suppliers. Costco then passes these savings on to its customers.

Notably, Costco also provides higher pay and benefits to hourly retail workers than many of its competitors. This helps to boost employee morale and retention. Happy front-line workers also tend to be more motivated to exceed customer expectations.

Costco's high customer satisfaction metrics are evident in its membership renewal rates, which consistently exceed 90%. Discount-focused shoppers are signing up to be Costco members in ever-increasing numbers, even after the retailer raised its membership fees. People recognize a bargain when they see one and know they can find the best deals at Costco.

All told, the warehouse store leader employs a well-crafted strategy that enables its employees, customers, and shareholders to all win. Costco's purchasing power should continue to grow along with its store count. Comparatively low prices should fuel membership growth, and steadily rising sales and profits should propel this best-of-breed retailer's stock price to new all-time highs in the years ahead.

Growth stock to buy No. 2: Amazon.com

Like Costco,(AMZN -0.74%) employs a proven formula for success. But while Costco focuses on curation, Amazon strives to sell nearly everything under the sun.

While Costco wants to drive people to its well-stocked warehouse stores, Amazon wants you to shop from the comfort of your own home. Both strategies are effective. Investing in these two retail stars could thus give you multiple ways to profit from in-store and online shopping trends.

A vast selection of goods, low prices, and convenient delivery options have catapulted Amazon to the top of the heap in the online retail arena. That's a valuable position to hold, with global retail e-commerce sales set to exceed $12.3 trillion by 2030, up from $6.4 trillion in 2024, according to Grand View Research.

Amazon, of course, is far more than a retailer. The e-commerce colossus is also a powerful player in the artificial intelligence (AI) race. AI is primarily delivered via the cloud, and Amazon Web Services (AWS) is the leading provider of cloud infrastructure services.

AWS is a sterling business, with sales and operating profits of $116 billion and $43 billion, respectively, over the trailing 12 months. It's also expanding at a rapid pace, with sales up 18% during that time. Amazon's close ties to the well-funded AI pioneer Anthropic, which trains its highly regarded Claude models on AWS, are expected to drive additional growth in its cloud computing operations.

Amazon is also a formidable force in the digital-advertising market. By using its AI expertise to deliver precisely targeted ads to shoppers on its popular websites, Amazon is helping merchants earn strong returns on their marketing investments. The e-commerce juggernaut, in turn, is growing faster than its rivals,and, in a digital ad market that's projected to more than double over the next five years to a staggering $1.2 trillion.