20 High Growth Mega Cap Stocks You Can Buy And Hold For Next 5 Years

6. The Goldman Sachs Group, Inc. (NYSE:GS)  

Goldman Sachs operates as a financial institution and offers various financial services to individuals, financial institutions, corporations, and governments. It operates in Asset & Wealth Management, Global Banking & Markets, and Platform Solutions segments. The company has grown its revenue by 20.29% over the last 5 years.

A 61% performance in the last year means people are asking if the stock has already run up too much. There are reasons to believe that new all-time highs will be registered in 2025 and beyond, making the stock an attractive buy. The bank is expected to grow its earnings by 18% this year and 13% next year. This growth prospect makes it an attractive proposition compared to other banking stocks even at all-time highs.

The main drivers of the bank’s earnings are its Global Banking segment and the Asset Management segment. Both these segments are going strong and expected to stay strong going forward, with the Asset Management part of the business not only bringing stability but also growth over the next few years. Higher interest rates could spell trouble for the company though so even though GS is an attractive investment for the next 5 years, investors will need to keep a close eye on the Fed’s interest rate policy while they hold the stock.