3 Stellar Growth Stocks to Purchase Today and Keep Indefinitely

The stock market dislikes ambiguity, and currently, there is ample uncertainty. Worries about how trade tariffs will affect the economy have caused even top-performing company stocks to fall significantly from their peak values this year. This situation poses challenges for investors who are looking to make moves. long-term perspective The recent decline presents an ideal chance to purchase stocks of top-tier companies at reduced prices, potentially leading to significant gains.

To provide you with some insights, here’s what three Fool.com contributors think: Amazon (NASDAQ: AMZN) , Deckers Outdoor (NYSE: DECK) , and Shopify (NASDAQ: SHOP) might increase the worth of your investment portfolio over possibly several decades.

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Amazon appears invincible across various sectors.

John Ballard (Amazon): Amazon has delivered enormous shareholder wealth over the last few decades, yet the business is still getting stronger. The stock's recent dip has brought its valuation down to multiyear lows that may undervalue its future growth.

Amazon shows no signs of moving away. With over 600 million square feet of warehousing space and extensive data centers, it has managed to take control of the e-commerce sector. The company has also established various income sources through online sales, advertising services, and beyond. cloud computing , subscriptions, and third-party fulfillment services capable of driving sustainable profitability over an extended period.

Continuing to appear as substantial prospects for the firm are advertising and cloud services. The online retail media sector stands out as the quickest-expanding part within the $700 billion digital advertisement industry, as reported by GroupM. Unsurprisingly, ad services have emerged as Amazon’s most rapidly expanding division, surging up to $56 billion in revenue over the previous year.

Amazon Web Services (AWS) remains at the forefront of the cloud computing industry, as companies progressively transfer their data from local servers to the cloud. With more enterprises adopting this approach, artificial intelligence (AI) To develop applications and extract valuable insights from their data should keep driving substantial revenue growth for AWS. This sector has been expanding at double-digit rates and achieved $107 billion in revenue last year.

Overall, Amazon has seen its operating cash flow soar over the last few years. But investors can buy the stock at its lowest multiple on its cash flow in more than 10 years. Considering the growth opportunities ahead in advertising and cloud computing, Amazon is, indeed, a forever stock to buy now.

This shoe company has the potential to continually improve.

Jeremy Bowman (Deckers Outdoor): If you consider stocks that have significantly outperformed the market over the past ten years, Deckers likely doesn’t jump to mind as quickly as some others might. footwear stock boasts an impressive history of success.

In the past decade, the stock has surged by almost 800%. This growth encompasses a decline of about 50% mainly due to worries related to trade wars.

Consequently, Deckers currently has a remarkably favorable price-to-earnings ratio of 18, particularly appealing for a firm that continues to demonstrate robust growth through its two well-received shoe lines: Ugg and Hoka.

Similar to other shoe manufacturers, Deckers may experience significant impacts due to the ongoing trade conflict since China seems to be their primary production hub right behind Vietnam. This situation might lead to increased costs for products made in China or encourage the corporation to expand its manufacturing sources beyond China even more.

In the long run, Deckers ought to manage to surmount the fluctuations caused by the trade war, thanks to effective management practices and robust controls over their gross margins and inventories.

During the fiscal third quarter, which encompassed the holiday season, total revenues climbed by 17% to reach $1.83 billion. The company also announced a gross margin increase to 60.3%, compared with the previous year’s figure of 58.7%. This level of profitability is quite remarkable within the shoe sector, particularly considering that roughly half their sales come through the wholesale route. Specifically, Ugg saw an uptick in sales by 16%, whereas Hoka experienced even more growth, boosting sales by 24%; this indicates robust performance across key brand lines.

Deckers' business was on fire prior to the tariff announcements, and a 50% sell-off seems overdone. Over the long term, the company looks like a good bet to reward investors at the current price, especially given the strength of Ugg and Hoka.

E-commerce continues to expand, with Shopify being at the forefront.

Jennifer Saibil (Shopify): Shopify has undergone an impressive transformation since its inception as an online store builder to emerge as a leading service provider for e-commerce businesses. Despite experiencing various challenges in recent years, the firm is now thriving financially, showing robust revenue expansion and numerous prospects ahead.

In the fourth quarter of 2024, revenue saw a 31% increase compared to the previous year, while operating income rose by 61%. Free-cash-flow The margin increased by an entire percentage point to reach 22%.

The company is concentrating its expansion initiatives on several critical sectors. They currently provide an all-encompassing retail management system that enables customers to deliver comprehensive omnichannel services effortlessly, covering everything from their e-commerce tools to payment processing and including hardware solutions.

By providing comprehensive bundles along with individual services, the firm has broadened its market reach. Initially focused mainly on assisting smaller enterprises in establishing their online footprint, the company now aims to attract bigger corporations and major players. Notable among its larger clientele are brands such as Reebok and Crate & Barrel, which were joined by newcomers including Aldo and Uncommon Goods during the final quarter.

The firm introduces between 100 and 150 fresh features each half-year, adapting to evolving trends and advancements to maintain its leading position within the U.S. Additionally, it aims to capture more global market share, as it currently lags behind some competitors in the worldwide e-commerce platform sector. In 2024, international revenues rose by 33%, surpassing general sales growth, and now account for 30% of all earnings.

Shopify is experiencing natural expansion due to the rise of online shopping, which now accounts for an increased share of overall retail sales. According to data from the U.S. Department of Commerce, e-commerce represented 16.1% of all U.S. retail sales in 2024, compared with 15.3% in 2023.

Shopify boasts several growth catalysts within a thriving sector, and it has numerous opportunities remaining in the coming years.

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John Mackey, who previously served as CEO of Whole Foods Market—a company now owned by Amazon—is part of The Motley Fool's board of directors. Jennifer Saibil does not hold any shares in any of the companies mentioned. Jeremy Bowman holds stakes in Amazon and Shopify. John Ballard does not hold any shares in the companies listed above. However, The Motley Fool has investments in and endorses Amazon, Deckers Outdoor, and Shopify. Additionally, The Motley Fool holds a disclosure policy .