The US stock market has had a strong 2026 so far. The S&P 500 closed at a record high on October 6. What makes this run impressive is that it came during a tough period. The next day, the interest rate on long-term US government bonds hit a 24-year high, and oil prices briefly topped $100 a barrel. Company profits have kept the market going. Analysts expect S&P 500 third-quarter earnings to grow about 30% from a year ago.
Not everyone expects the good times to last, though. On October 13, billionaire investor Paul Tudor Jones told CNBC:
2027 is going to be really, really challenging for the stock market. You’ve probably got the most negative flow picture for the U.S. stock market that we’ve had, say, since 2002.
His concern is about supply. For most of this rally, companies have been buying back their own shares, which takes shares off the market. Jones expects that to reverse as big AI companies like OpenAI and Anthropic go public and other firms sell new shares to fund AI spending. More shares for sale could weigh on prices.
I agree with Jones that next year could be rough. Stock prices are high, borrowing costs are rising, and a lot of new shares are on the way. A drop in prices wouldn’t surprise me. But a five-year view changes the question. Over that time, what matters most is whether a company can keep growing its profits. If the market dips along the way, I’d see that as a chance to buy more of the stocks on this list.
Methodology
To come up with our list of the 10 Best American Stocks to Buy for the Next 5 Years, we considered US-based companies with a market cap of at least $2 billion. These companies have a next 3-year expected revenue growth rate of more than 20% and an earnings growth rate for the same period of more than 50%. They are also extremely popular among hedge funds and are listed in ascending order of the number of hedge funds holding them in their portfolio.
10. Marvell Technology (NASDAQ:MRVL 0.00%↑)
Expected Revenue Growth Next 3 Years: 55.83%
Expected Earnings Growth Next 3 Years: 63.46%
Number of Hedge Funds: 96
Read More: Google’s Next AI Chip Is Running Late. Why Marvell May Be Fine
9. Western Digital Corporation (NASDAQ:WDC 0.00%↑)
Expected Revenue Growth Next 3 Years: 34.53%
Expected Earnings Growth Next 3 Years: 61.37%
Number of Hedge Funds: 98
Read More: Google’s Free AI Video Push Is a Boost for Storage. Have WDC and STX Already Priced It In?
8. Rocket Companies, Inc. (NYSE: RKT 0.00%↑)
Expected Revenue Growth Next 3 Years: 20.64%
Expected Earnings Growth Next 3 Years: 51.48%
Number of Hedge Funds: 99
Read More: Why Does Rocket Companies (RKT) Earn Just 3% on Equity After Doubling Revenue?
7. Snowflake Inc. (NYSE: SNOW 0.00%↑)
Expected Revenue Growth Next 3 Years: 30.50%
Expected Earnings Growth Next 3 Years: 50.27%
Number of Hedge Funds:103
Read More: Snowflake (SNOW) Grows Revenue 35% and Still Loses Money on Every Dollar
6. Lumentum Holdings Inc. (NASDAQ: LITE 0.00%↑)
Expected Revenue Growth Next 3 Years: 66.09%
Expected Earnings Growth Next 3 Years: 76.76%
Number of Hedge Funds: 111
Read about how Lumentum (LITE) Can’t Meet Demand. Can Its Valuation Hold Up?
5. Bloom Energy Corporation (NYSE: BE 0.00%↑)
Expected Revenue Growth Next 3 Years: 69.90%
Expected Earnings Growth Next 3 Years: 117.32%
Number of Hedge Funds: 116
Read More: Bloom Energy Is Building Like Demand Is About to Explode. Investors Need to Pay Attention.
4. SanDisk Corporation (NASDAQ: SNDK 0.00%↑)
Expected Revenue Growth Next 3 Years: 40.95%
Expected Earnings Growth Next 3 Years: 53.58%
Number of Hedge Funds: 128
Read More: SanDisk (SNDK) Posted an 84.6% Margin Quarter. Is its P/E a Bargain or a Peak?
3. Advanced Micro Devices, Inc. (NASDAQ: AMD 0.00%↑)
Expected Revenue Growth Next 3 Years: 52.88%
Expected Earnings Growth Next 3 Years: 76.22%
Number of Hedge Funds: 164
Read More: AMD Is Paying $8.2 Billion to Bring In the ‘Godmother of AI.’ Here’s Why It Makes Sense.
2. Broadcom Inc. (NASDAQ: AVGO 0.00%↑)
Expected Revenue Growth Next 3 Years: 62.08%
Expected Earnings Growth Next 3 Years: 64.57%
Number of Hedge Funds: 170
Read More: Meta Tested Broadcom’s CPO for 1 Million Port-Hours. What It Found
1. Nvidia Corporation (NASDAQ: NVDA 0.00%↑)
Expected Revenue Growth Next 3 Years: 61.12%
Expected Earnings Growth Next 3 Years: 64.78%
Number of Hedge Funds: 285
Read More: Nvidia Has $62 Billion in Cash and a Lower P/E. Is It a Buy?