Growth stocks have been helping propel the stock market higher for the past decade. Although the market has been off to a choppy start in 2025, there is good reason to believe that growth stocks can continue to lead it higher in the years ahead.
Let's look at four companies with breakout revenue growth that investors can consider buying and holding for the next decade.
Nvidia
When it comes to revenue growth, few companies can compete with Nvidia(NASDAQ: NVDA), which saw its top line soar 94% in the fiscal 2025 third quarter. The company is the dominant market leader in graphics processing units (GPUs), the backbone of artificial intelligence (AI) infrastructure given their superior processing speeds.
This leadership is further backed by its CUDA-X software platform, which makes its chips easily programmable for various AI tasks through its array of developer tools and libraries.
Major tech companies and start-ups are pouring money into AI data centers, and AI models only need more GPUs to become more advanced, so the company is well positioned to ride this strong demand well into the future. At the same time, it has accelerated its development of new chips to about one a year, helping ensure its technological lead.
Despite its strong growth and outlook, the stock is attractively priced at a forward price-to-earnings ratio (P/E) of 29.5 based on analysts' fiscal 2026 estimates. For only a small premium to the 26.3 forward P/E of the Nasdaq 100 index, investors can tap into one of the most important companies behind the AI revolution.
Image source: Getty Images
AppLovin
Another fast-growing stock that has burst onto the scene is AppLovin (NASDAQ: APP), which grew its revenue 39% in the third quarter. That growth is being led by its software platform segment, which saw revenue soar 66% year over year.
The company, whose primary business is a platform for gaming apps, has seen its growth surge since the launch of Axon-2 in 2023. This AI-powered ad-tech platform has been a hit, using machine learning to better attract new users and monetize them.
The company thinks it can continue to grow among gaming customers at a 20% to 30% pace over the long term based on overall market growth and continued performance enhancements as the algorithm self-learns.
Meanwhile, AppLovin is looking to take Axon-2's success into other verticals. It has already started testing it within e-commerce, and management thinks it can be a meaningful revenue contributor in 2025. If this push is successful, the company has a big opportunity to tap into.
The stock is also reasonably priced, trading at a forward P/E of 36.8 based on analysts' 2025 estimates.
GitLab
GitLab(NASDAQ: GTLB) has been growing consistently with revenue increases of 30% to 40% in each of the past six quarters. The company runs a DevSecOps platform that helps developers create software in a secure environment.
The company has seen a nice uplift from its GitLab Duo add-on, which can assist programmers by offering suggestions and can help complete coding. Its Duo Workflow, meanwhile, is an AI offering that can proactively help with software development.
GitLab has been growing its customer count and winning more business within its existing base. As of its fiscal 2025 third quarter, it had 9,159 customers, up over 16% year over year. Meanwhile, it has strong net revenue retention rate of 124%, demonstrating that existing customers are increasing their spending with the company over time. Looking ahead, management signed a deal with Amazon allowing Amazon Web Services customers to use the GitLab platform to deploy secure code faster.
With a forward P/E ratio of 75.3 as of this writing, GitLab is the most expensive stock on this list. That may come with greater volatility for its shares, but the company can still outperform for long-term investors.
SentinelOne
Cybersecurity company SentinelOne(NYSE: S) grew fiscal 2025 third-quarter revenue a robust 28% year over year. Management said it was seeing momentum with enterprise customers and government agencies. The company also said it had started to win some business from rival CrowdStrike Holdings after that company's well-publicized outage last summer.
SentinelOne is successfully upselling Purple AI, which it calls the fastest-growing platform in its history. The AI add-on helps analysts hunt complex security threats through the use of natural language prompts.
Meanwhile, the company has a big opportunity as enterprise PC vendor Lenovo will install SentinelOne's Singularity Platform on all of the new PCs it sells. The two companies will also develop a new Managed Detection and Response (MDR) service using AI and EDR (endpoint detection and response) capabilities built on the Singularity Platform.
Lenovo is the largest PC vendor in the world, having shipped nearly 62 million units in 2024, so this is a huge partnership that could accelerate SentinelOne's revenue growth.
That said, the company is still generating losses. Profit margins are trending upwards, though, and on a price-to-sales basis, the stock is attractively valued at 6.8 times sales.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
Nvidia:if you invested $1,000 when we doubled down in 2009,you’d have $357,084!*
Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,554!*
Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $462,766!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Geoffrey Seiler has positions in GitLab and SentinelOne. The Motley Fool has positions in and recommends Amazon, AppLovin, CrowdStrike, GitLab, and Nvidia. The Motley Fool has a disclosure policy.
