3 Brilliant Growth Stocks to Buy Now and Hold Forever

In an era defined by rapid technological advancement and shifting economic landscapes, identifying companies with enduring competitive advantages and scalable growth is critical for long-term investors. Below are three stocks—NVIDIA Corporation (NVDA), Taiwan Semiconductor Manufacturing (TSM), and Intuit Inc. (INTU)—that offer compelling opportunities to build wealth over decades. These firms combine dominant market positions, robust financial metrics, and secular growth tailwinds, making them ideal candidates for a "buy and hold forever" strategy.

1. NVIDIA Corporation (NVDA): The AI Engine Powering the Future

NVIDIA is the undisputed leader in graphics processing units (GPUs) and artificial intelligence (AI) infrastructure. Its CUDA software ecosystem has created an insurmountable moat, locking in developers, cloud providers, and enterprises. As AI adoption accelerates—from generative models to self-driving cars—NVIDIA’s dominance in compute-intensive tasks ensures sustained demand.

Key Metrics and Growth Drivers:
- Q1 2025 ROE of 111.45%: A record high, reflecting exceptional profitability and efficient capital use.
- AI-Driven Revenue Surge: AI-related revenue tripled in 2024 and now accounts for ~15% of total sales, with projections to double again in 2025.
- Datacenter Growth: Cloud giants like Amazon and Microsoft rely on NVIDIA’s GPUs for their AI services, driving datacenter revenue to 40% of total sales in 2024.

Why Hold Forever?
NVIDIA’s moat is structural: its software-hardware integration and R&D investments (18% of revenue) ensure it stays ahead of competitors. With AI expected to add $15 trillion to global GDP by 2030 (McKinsey), NVIDIA is positioned to capture a significant share of this growth.

2. Taiwan Semiconductor Manufacturing (TSM): The Foundry Behind Innovation

TSM is the world’s largest semiconductor foundry, producing advanced chips for AI, 5G, and consumer electronics. Its ability to manufacture extreme ultraviolet (EUV) lithography-based chips at scale gives it an unassailable lead over rivals.

Key Metrics and Growth Drivers:
- AI Chip Demand: TSM’s AI-related revenue grew to ~15% of total sales in 2024, with hyperscalers like Google and Meta relying on its 3nm and 5nm nodes for next-gen AI systems.
- Global Expansion: New facilities in Arizona, Japan, and Germany (totaling $100 billion in capex) ensure it serves a fragmented but growing market.
- ROE Consistency: While not explicitly disclosed for Q1 2025, its trailing ROE of 24.35% (as of April 2024) reflects strong capital allocation.

Why Hold Forever?
TSM’s moat is rooted in its scale and technological leadership, which are nearly impossible to replicate. With the global semiconductor market projected to hit $1 trillion by 2030 (SIA), TSM’s foundry model—outsourcing manufacturing for companies like Apple and Qualcomm—secures its role as an indispensable supplier.

3. Intuit Inc. (INTU): Monetizing the Small Business Economy

Intuit dominates the small business and personal finance software markets through its QuickBooks and TurboTax brands. Its subscription-based model and high switching costs (due to integrated financial data) create a sticky customer base.

Key Metrics and Growth Drivers:
- Subscription Shift: Over 80% of QuickBooks users now rely on cloud-based plans like QuickBooks Online Advanced, boosting recurring revenue.
- Market Penetration: Serves ~29 million U.S. small businesses, with acquisitions like Credit Karma expanding its financial services ecosystem.
- Resilient Margins: Despite macroeconomic headwinds, Intuit maintained a Zacks Rank #2 (Buy) due to predictable cash flows from 20 million+ subscribers.

Why Hold Forever?
Intuit’s moat is network-driven: its brands are synonymous with small business and tax software, and its AI-powered tools (e.g., expense tracking automation) deepen customer retention. With the small business sector contributing 48% of U.S. GDP (U.S. Small Business Administration), Intuit is a beneficiary of secular trends.

Conclusion: A Portfolio Built to Outlast Cycles

These three stocks—NVDA, TSM, and INTU—are cornerstones of a "forever portfolio" because they:
1. Generate High Returns on Equity: NVIDIA’s ROE of 111.45% (Q1 2025) and Intuit’s subscription resilience highlight efficient capital use.
2. Benefit from Secular Trends: AI, semiconductors, and small business digitization are multi-decade tailwinds.
3. Possess Unassailable Moats: NVIDIA’s software ecosystem, TSM’s foundry scale, and Intuit’s brand dominance ensure lasting competitive advantages.

Investors should prioritize diversification and valuation discipline—purchasing these stocks during dips to maximize long-term gains. With consistent reinvestment and a 20+ year horizon, these companies could transform portfolios through compounding and innovation.

As Warren Buffett once said, "Our favorite holding period is forever." These three stocks embody that ethos.

Data as of May 2025. Past performance does not guarantee future results.