2 Growth Stocks With Sky-High Potential to Hold for Decades

Alphabet (NASDAQ: GOOGL, GOOG) and Meta Platforms (NASDAQ: META) saw significant stock gains on Friday, driven by a Federal Reserve hint at a September interest rate cut and a crucial $10 billion cloud deal between the two companies. This partnership may provide a vital boost for Alphabet amid the current state of the artificial intelligence market. Want More Context? 🔎

ON Semiconductor (NASDAQ: ON) and Navitas Semiconductor (NASDAQ: NVTS) are partnering with Nvidia to advance next-generation data centers. While Navitas has seen its stock soar 89% this year despite projected losses until 2027, ON Semiconductor's stock has declined 28%, primarily due to its focus on silicon carbide chips for the automotive and electric vehicle markets. Want More Context? 🔎

If you retire with a $1 million portfolio, you can significantly influence your financial future, offering various options for income generation, such as withdrawing funds or investing in dividend-generating stocks. To reach this goal, focusing on quality growth stocks can enhance your potential for superior long-term returns. Want More Context? 🔎

The "Ten Titans" are the ten largest growth-focused components of the S&P 500 by market cap, including Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms, Broadcom, Tesla, Oracle, and Netflix, which collectively account for 38% of the index. These companies significantly influence the overall market, even for investors who do not directly own their stocks. Want More Context? 🔎

Apple (NASDAQ: AAPL) has become a dominant global consumer brand due to the success of its products like the iPhone and MacBook, along with popular services such as Music and TV+. The company's impressive performance has resulted in substantial share price gains and regular quarterly dividends, with a focus on how many shares are needed to earn $10,000 in yearly dividends. Want More Context? 🔎

Building sustainable wealth in the stock market requires patience and discipline, particularly when investing in volatile growth stocks that drive innovation and market expansion. Investors are encouraged to consider three specific growth stocks for long-term holding despite potential short-term fluctuations. Want More Context? 🔎