2 Unstoppable Growth Stocks to Hold for the Next 20 Years

Group 1: Microsoft - Microsoft is a leader in operating software for personal and business computing, with significant contributions to total revenue and earnings [2] - The company's primary growth driver is its cloud computing business, Microsoft Azure, where it ranks second only to Amazon [3][5] - Microsoft generated $69.4 billion in free cash flow over the trailing-12-month period, and its investments in artificial intelligence (AI) are expected to enhance earnings and stock performance [6] - The company has increased its dividend payouts by almost 168% in the past decade, although its forward yield is 0.7%, lower than the S&P 500 average of 1.3% [7] Group 2: Intuitive Surgical - Intuitive Surgical has dominated the robotic-assisted surgery (RAS) market for the past two decades with minimal competition, leading to strong financial results [8] - The company benefits from switching costs, as healthcare facilities invest significant resources in training and equipment, making them reluctant to switch to competitors [9][10] - The RAS market has substantial growth potential, with less than 5% of eligible surgeries performed robotically, and demand is expected to rise as the population ages [10][11] - Intuitive Surgical continues to innovate, having launched the fifth generation of its da Vinci system and integrated AI into its features, positioning it well for future growth [11][12]