2 Growth Stocks to Hold for the Next Decade

Group 1: Amazon - Amazon is the market leader in both e-commerce and cloud computing, having built the largest logistics network in the world [3] - The company is utilizing robotics and AI to enhance delivery times and operational efficiency, resulting in a 24% increase in North American operating income with a 10% revenue increase last quarter [4] - Amazon Web Services (AWS) is experiencing significant growth, with revenue accelerating to 24% last quarter, the highest growth rate in over three years [6] - The company is investing heavily in capital expenditures, with a projected $200 billion this year to capture growth opportunities in compute and AI services [7] - Amazon's stock is attractively valued, trading at a forward price-to-earnings ratio below 27 times 2026 analyst estimates, compared to brick-and-mortar peers like Walmart and Costco, which trade above 40 [8] Group 2: Meta Platforms - Meta Platforms is recognized for effectively applying AI to drive growth, with a forward P/E ratio of just 21 times [9] - The company accelerated its revenue growth to 24% last quarter, with projections for Q1 revenue growth to further accelerate between 26% and 34% [11] - AI is enhancing Meta's recommendation engine, leading to increased user engagement and an 18% year-over-year growth in ad impressions last quarter [12] - Meta has introduced AI-powered tools for advertisers to improve campaign creation and ad targeting, which is expected to enhance pricing [13] - The company is beginning to serve ads on WhatsApp and Threads, which should contribute to future growth [13]