Picking growth stocks for a 10-year horizon is a different exercise than chasing this quarter's momentum. The goal is to identify companies with durable competitive advantages, exposure to structural megatrends, and sufficient financial strength to survive whatever the economy throws at them over that period.
Apple Inc. (NASDAQ: AAPL) would be a good example of a growth stock that had a phenomenal growth-driven run fueled by innovation. That run has lasted more than 10 years and has turned AAPL into a forever stock in some portfolios. Here are five names that may be on that same trajectory.
