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3 Monster Stocks to Hold for the Next 10 Years

newsfeedback@fool.com (Brett Schafer)
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⚡ Quantum Brief
Three industrial stocks—Taiwan Semiconductor, Rocket Lab, and Lockheed Martin—are highlighted as long-term investments amid a shift from digital to advanced hardware-driven economies fueled by AI, geopolitics, and space expansion. Taiwan Semiconductor dominates AI chip manufacturing, supplying Apple and Nvidia, with $100B+ U.S. expansion plans and 377% revenue growth over the past decade, positioning it for sustained demand. Rocket Lab, a high-risk space disruptor, targets SpaceX’s monopoly with its Electron rocket (21 launches in 2025) and delayed Neutron project, aiming for 1,000% revenue growth since 2021 despite ongoing losses. Lockheed Martin benefits from geopolitical tensions, holding a record $194B defense backlog, with steady earnings from F-35 and missile systems, plus shareholder returns via dividends and buybacks. The shift to physical tech infrastructure—chips, space, and defense—drives investor focus on industrial stocks, balancing growth potential (Rocket Lab) with stability (TSMC, Lockheed Martin) over the next decade.
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By Brett Schafer – Mar 13, 2026 at 5:05AM ESTKey PointsTaiwan Semiconductor is an industrial giant benefiting from the AI revolution.Rocket Lab is a risky but high-growth disruptor in the space economy. Lockheed Martin should generate steady earnings from its defense contracts. If the 15 years from 2010-2025 were dominated by the world of bits, the next 15 years may be dominated by advanced technological hardware. Due to multiple factors -- including geopolitical tensions, the growing importance of artificial intelligence (AI), and the space economy -- investors are loading up on stocks tied to the physical world again. Hype is growing, but there are still opportunities out there for those with a long-term time horizon. Here are three monster industrial stocks to buy today and hold for the next 10 years. ExpandNYSE: TSMTaiwan Semiconductor ManufacturingToday's Change(-4.96%) $-17.57Current Price$336.99Key Data PointsMarket Cap$1.7TDay's Range$336.40 - $346.9052wk Range$134.25 - $390.20Volume1MAvg Vol13MGross Margin58.73%Dividend Yield0.91% The computer chip kingmaker First up is Taiwan Semiconductor Manufacturing (TSM 4.96%), or TSMC for short. This company is the manufacturing backbone for the advanced computer chip market, serving customers such as Apple and Nvidia with lucrative contracts. Rising demand for AI chips has driven insatiable demand for TSMC to expand its manufacturing footprint worldwide, including over $100 billion of planned investment into the United States. Even though it generates over $100 billion in revenue -- making it one of the largest businesses in the world -- TSMC's revenue has grown by 377% over the last decade, as it has proven to be the best supplier of advanced computer chips with minimal competition. Revenue growth has accelerated in recent quarters. Capital expenditures for AI data centers is set to increase again in 2026, so TSMC is poised for another year of strong growth. The ride may be bumpy over the next decade, but over the long term, TSMC has a huge runway to keep expanding its operations and should do well for any shareholder. Image source: Getty Images. A second SpaceX? If TSMC is a mature leader in its sector, then this second stock is a riskier but high-potential disruptor. The company is Rocket Lab (RKLB 4.91%), a space-flight business trying to eat into SpaceX's monopoly in the launch market. The company has a successful rocket program called the Electron, which offers smaller payloads for highly specific missions that don't require ferrying large amounts of material into orbit. The Electron program made 21 launches in 2025, booked 30 new missions last year, and has zero competition in its niche. Alongside the growth of Rocket Lab's space systems segment -- which builds products such as satellites and solar arrays for third parties -- revenue has ballooned in recent years. Revenue is up almost 1,000% in less than five years, since Rocket Lab went public in 2021. Long term, the company aims to compete directly with SpaceX with its larger Neutron rocket. With a much larger payload capacity than the Electron, the Neutron can help Rocket Lab significantly grow revenue once it starts making regular commercial launches. However, the development of the Neutron has been delayed multiple times, with initial targets for 2024 now being pushed to 2026 or early 2027. Delays are unhelpful and will keep Rocket Lab losing money as it spends upfront on the Neutron development. However, over the next 10 years, the company should continue to grow at an impressive rate as demand for space economy services grows rapidly. Rocket Lab is one of the few industrial suppliers. This makes it a risky stock with significant upside over the next decade. LMT Shares Outstanding data by YCharts. Defense spending stalwart The last stock on this list is one that's even more mature than TSMC and in the process of returning a lot of capital to shareholders from its long-term defense contracts. It's Lockheed Martin (LMT +0.56%), which operates fighter jets and missile defense systems that are sold to the United States and its allies. In recent years, growing geopolitical tensions and the outbreak of regional wars have shown the value of Lockheed Martin's product lines, such as the F-35 and Patriot missile interceptors.

The United States has even directed defense contractors such as Lockheed Martin to increase manufacturing capacity to sell more of these defense systems to places like Ukraine and its Middle East allies. Last quarter, Lockheed Martin reported a record backlog of $194 billion. It's not going to grow its revenue explosively but should generate reliable revenue over the next decade as the United States increases its defense stockpile for itself and its allies. Management is reinvesting in growth but also taking advantage of these reliable earnings streams and returning capital to shareholders through dividends and share buybacks. Lockheed Martin's shares outstanding are down almost 25% over the last 10 years, for reference. Whether it's a hypergrowth stock like Rocket Lab or a mature defense contractor like Lockheed Martin, there are plenty of industrial stocks investors can add to their portfolios today and hold for the next decade.Read NextMar 12, 2026 •By Josh Kohn-LindquistThe Best Growth Stocks I'd Buy Right NowMar 9, 2026 •By Rick OrfordWhy Rocket Lab's Newest Acquisition Could Fuel a Surge in 2027Mar 9, 2026 •By Courtney Carlsen3 Space Stocks to Buy in MarchMar 4, 2026 •By Johnny Rice2 Things Every Rocket Lab Investor Needs to KnowFeb 25, 2026 •By Will EbiefungWhere Will Rocket Lab Stock Be in 5 Years?Feb 23, 2026 •By Rich SmithPrediction: Rocket Lab Stock Is a Buy Before Feb. 26About the AuthorBrett Schafer is a contributing Motley Fool stock market analyst covering consumer goods, financials, technology, and industrials. Brett is a self-taught investor and has hosted the Chit Chat Stocks podcast since 2018. He previously worked as a lab engineer for science laboratories. He holds a bachelor’s degree in mechanical engineering with minors in finance and mathematics from Washington State University. His lab work on Major League Baseball’s juiced ball problem was featured in The Wall Street Journal and other national outlets.TMFBrettSchaferX@CCM_BrettStocks MentionedRocket LabNASDAQ: RKLB$68.37(-4.99%)-$3.59AppleNASDAQ: AAPL$255.77(-1.93%)-$5.05Taiwan Semiconductor ManufacturingNYSE: TSM$336.99(-4.96%)-$17.57NvidiaNASDAQ: NVDA$183.18(-1.53%)-$2.85Lockheed MartinNYSE: LMT$653.08(+0.56%)+$3.61*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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