3 Growth Stocks to Hold for the Next 20 Years

By Geoffrey Seiler – Apr 8, 2026 at 2:20AM ESTKey PointsApple has one of the best business models on the planet.Amazon continues to innovate and evolve to drive growth.Dutch Bros has a huge expansion opportunity ahead. While the market has recently cooled on growth stocks, there are still some great stocks to scoop up that could be long-term buys. Growth stocks have helped lead the market higher for much of the past two decades, and there is no reason to think that this trend can't continue over the next 20 years. After all, it is revenue and earnings growth that eventually help companies grow to become bigger. Let's look at three stocks to buy for the long haul right now. Image source: Getty Images. 1. Apple Apple (AAPL 2.21%) has one of the best business models on the planet, and it is just a compounding machine. The company has established itself as a luxury brand and, as such, owns the high end of the smartphone and computer markets. Meanwhile, electronics have a natural replacement cycle. ExpandNASDAQ: AAPLAppleToday's Change(-2.21%) $-5.72Current Price$253.14Key Data PointsMarket Cap$3.8TDay's Range$245.70 - $256.3652wk Range$171.89 - $288.62Volume2.5MAvg Vol48MGross Margin47.33%Dividend Yield0.41% The key to Apple's business, though, is that once you start buying its products, you get locked into its ecosystem, and it's difficult to switch. With every photo stored, subscription bought, and app downloaded, its ecosystem traps users like a Venus flytrap. Meanwhile, its services and payments businesses provide a high-margin recurring revenue stream. This all sets the company up to see strong profitability growth over the long term. 2. Amazon Amazon (AMZN +0.46%) has grown to become one of the world's largest companies over the past two decades through its willingness to invest and innovate. It became the dominant player in e-commerce by investing heavily in fulfillment centers and logistics, while it spawned the cloud computing industry that today is one of the fastest-growing segments in the market. ExpandNASDAQ: AMZNAmazonToday's Change(0.46%) $0.98Current Price$213.77Key Data PointsMarket Cap$2.3TDay's Range$209.07 - $213.9752wk Range$165.28 - $258.60Volume28MAvg Vol50MGross Margin50.29% That willingness to invest and evolve is why Amazon is a top stock to own for the next 20 years. The company is far from done with innovation. It is the largest manufacturer and operator of robots in the world, and together with the use of AI and automation, is streamlining its e-commerce business and making it more efficient. Look for the company to continue pushing the envelope in this area to extend its moat in the years to come. Meanwhile, Amazon is investing heavily in cloud computing, looking to drive growth. It's formed partnerships with both Anthropic and OpenAI, and at the end of last year, it opened a huge data center dedicated to Anthropic, powered by its custom AI chips. While it's lagged behind rival Alphabet in the custom AI chip space, expect Amazon to continue to get better in this area and really make a concerted effort with AI models and agentic AI in the coming years. This should set it up to continue to be a market leader in the years ahead. 3.

Dutch Bros For investors looking for a smaller company that could grow into a very big one over the next two decades, Dutch Bros (BROS +0.00%) is a top option. The coffee shop operator is a classic regional-to-national expansion story, as it gradually moves eastward. ExpandNYSE: BROSDutch BrosToday's Change(0.00%) $0.00Current Price$53.03Key Data PointsMarket Cap$8.7BDay's Range$52.16 - $53.7052wk Range$44.58 - $77.88Volume4.4MAvg Vol5MGross Margin25.68% The company's coffee and energy drinks have been hits with consumers, and it has seen strong same-store sales growth driven by increased brand recognition, mobile order-ahead, and its loyalty program. Meanwhile, the company is just starting to roll out hot food items to the approximately three-quarters of locations that can support them, opening up another revenue growth driver. What could turn Dutch Bros into a top-tier restaurant stock in the coming years, though, is expansion. The company had fewer than 1,150 shops at the end of last year, with plans to eventually grow to 7,000 in the U.S. Its shops are small, and most are largely supported by drive-thrus. The cost to build them is relatively cheap and can be fully funded with its cash flow, and with an impressive $2.1 million in average unit volume (AUV), they have quick payback periods. This makes Dutch Bros a stock to own for the long haul. Read NextApr 7, 2026 •By Lou WhitemanBest Oil Stocks to Buy in 2026 and How to Invest in ThemApr 7, 2026 •By Howard SmithStock Market Today, April 7: Apple Falls After Reports of Foldable iPhone Engineering ChallengesApr 7, 2026 •By Keith NoonanWhy Apple Stock Is Sinking TodayApr 7, 2026 •By Daniel Sparks3 Reasons This Warren Buffett Favorite AI Stock Could Soar Over the Next 10 YearsApr 7, 2026 •By Bram BerkowitzBillionaire Warren Buffett Says He Sold His Favorite Stock "Too Soon." Should Investors Back Up the Truck?Apr 6, 2026 •By Neil PatelShould This Trillion-Dollar "Magnificent Seven" Company Spend Billions to Buy Peloton in 2026?About the AuthorGeoffrey Seiler is a contributing Motley Fool stock market analyst covering technology, consumer goods, healthcare, energy, and materials stocks. Prior to The Motley Fool, Geoffrey was a senior equity analyst at Raging Capital Management, a $600 million long-short hedge fund. He holds a bachelor’s degree in history from Haverford College.TMFFindProfitStocks MentionedAppleNASDAQ: AAPL$253.14(-2.21%)-$5.72AmazonNASDAQ: AMZN$213.57(+0.37%)+$0.78AlphabetNASDAQ: GOOGL$305.06(+1.69%)+$5.07Dutch BrosNYSE: BROS$53.03(0.00%)+$0.00*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.