Prices have reached their highest point in over four decades. According to the US Department of Labor, inflation jumped 6.8% in the last year, the highest rate since 1982. Reduced congestion at ports, lower shipping costs, and faster deliveries are all signs of improvement in the supply chain. Apple, Berkshire Hathaway, and NVIDIA Corporation are among the best stocks to buy for the next 10 years.
Here is Insider Monkey’s list of the 10 best stocks to buy for the next 10 years. Sibanye Stillwater Limited is a mining company that specializes in precious metals. Abhi Agarwal, a Deutsche Bank analyst, recently started covering the stock. With 7.7 million shares worth more than $95 million, AQR Capital Management is the largest stakeholder. Brookfield Renewable Partners L.P. is a private equity firm that owns and operates renewable energy generation facilities. As the globe shifts away from fossil fuels and toward clean energy sources, the company is likely to prosper. The stock was upgraded to Overweight by an analyst, with a price objective of $46. The semiconductor company Lattice Semiconductor Corporation is based in the United States. Mirametrix, a software startup, was recently bought by the company. 19 hedge funds in Insider Monkey’s database had positions totaling $366 million at the end of the third quarter of 2021. Varonis Systems, Inc. reported third-quarter earnings on November 1. The total revenue for the period was $100 million, up 30% year over year. The company is expected to develop over the next ten years since cybersecurity will be a major area of investment for businesses. J Derrick Wood of Cowen increased his price objective on Oracle Corporation to $115 from $96. Wood predicted that the company’s structural growth would pick up in the following months. The company is already working on a long-term growth strategy that investors should watch over the next decade. For more details, click 10 Best Stocks To Buy For The Next 10 Years.