12 Best Long-Term Growth Stocks to Buy Now

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10. Advanced Micro Devices, Inc. (NASDAQ:AMD)

5-Year Revenue Growth: 30.82%

Number of Hedge Funds: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company focused on high-performance computing, visualization technologies, and graphics. The company reported a 24% year-over-year revenue growth in fiscal Q4 2024 to a record $7.7 billion. This growth was attributed to a 69% growth in data center and a 58% growth in client segments.

Annual revenue for fiscal 2024 grew by 14% to $25.8 billion, as the company’s client segment revenue grew by 52% and data center revenue nearly doubled. The company thus has a strong model of profitability. Looking into 2025, Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to see clear opportunities for continued growth based on the strength of its product portfolio and growing demand for high-performance and adaptive computing.

According to S&P Global, Advanced Micro Devices, Inc. (NASDAQ:AMD) is positioned for considerable growth and margin expansion due to the positive AI industry outlook and strong momentum for the company’s AI products. It recently launched its next-generation EPYC Turin server CPU, which is expected to further solidify its data center market position. The company ranks tenth on our list of the best long-term growth stocks to buy now.

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