2 Growth Stocks to Buy and Hold Through 2035

The power of compounding is a long-term phenomenon. A long-term mindset means you're investing for decades (e.g., retirement, major life goals), not months or the next quarter. This naturally smooths out the impact of short-term market fluctuations.

This mindset is incredibly important if you want to invest and stay invested in the stock market for years, and it can also help you ride out the natural ups and downs of various market cycles. If you're looking for growth stocks to buy and hold through the next decade, here are two names to consider the next time you go shopping for stocks.

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1. Shopify

Shopify (NASDAQ: SHOP) is the largest e-commerce software platform in the U.S. and provides a comprehensive, one-stop-shop platform for businesses of all sizes to sell online, in physical stores, and across multiple digital channels. The company has built a sticky ecosystem with high switching costs, as merchants invest significant time and money into their storefronts, which makes them less likely to change platforms.

The company has demonstrated a strong ability to grow its revenue and gross merchandise volume (GMV) consistently. After divesting its logistics business, Shopify has improved its bottom line and is now reliably profitable with expanding operating margins and steady free cash flow. International markets represent huge untapped potential, and Shopify has been aggressively expanding its global footprint. Growth in international GMV has been rapid and underscores its ability to succeed in capturing market share outside of North America.

In the third quarter of 2025, Shopify reported a 32% year-over-year increase in both revenue ($2.84 billion) and GMV ($92 billion). Operating income grew 53%, and the company recorded its ninth consecutive quarter of double-digit free cash flow margins at 18%. Merchants on the platform achieved a record $14.6 billion in sales during the Black Friday and Cyber Monday period in 2025, a 27% increase from the previous year.

Shopify's recent Winter 2026 Edition launch included over 150 updates with a strong emphasis on AI tools like its intelligent assistant Sidekick, AI Store Builder, and agentic storefronts that enable sales within AI conversations (e.g., using ChatGPT). Strategic partnerships have been a key focus for Shopify. For instance, a new app by Temu allows its merchants to list products on Shopify. Partnerships with carriers like Royal Mail and DHL are providing more diverse and flexible fulfillment options for merchants. Case in point: international GMV jumped 41% year over year in Q3 2025.

There's a lot to like about Shopify and where it's going. Shares have soared close to 60% since the start of the year as investors have placed their stamp of approval on the company's recent financial performance and key business developments. For investors who want to invest in a leader in the e-commerce space, Shopify looks like a no-brainer buy for the long run.

2. SoFi Technologies

SoFi Technologies' (NASDAQ: SOFI) digital-first ecosystem, high product cross-selling, and ability to scale without physical branches are building an increasingly impressive business that looks poised for enviable growth in the next decade. The company's business model encourages members to adopt multiple products (e.g., starting with a loan and adding checking, investing, and insurance) to increase customer lifetime value and reduce acquisition costs.

SoFi's cross-buy rate reached its highest level since 2022 in the recent quarter, with about 40% of new products opened by existing members. Total members reached over 12.6 million and total products nearly 18.6 million in Q3 2025, representing year-over-year growth of 35% and 36% in those respective metrics. SoFi is actively diversifying away from capital-intensive, interest rate-sensitive lending toward more stable, high-margin fee-based income from services like the loan platform business, interchange fees, and brokerage services. Fee-based revenue has grown significantly and was up 50% to $409 million, representing more than 40% of overall revenue in Q3 2025.

Through its acquisitions of Galileo and Technisys, SoFi now provides backend infrastructure and payment processing services to other financial and non-financial institutions. This segment generates recurring revenue and allows for rapid innovation and scalability compared to traditional banks burdened by legacy systems.

Revenue grew 38% year-over-year in Q3 and reached $950 million. The company has reported multiple profitable quarters in a row through 2025, and net income reached $139 million in Q3, up 129% year-over-year. The stock has had quite a run-up of more than 90% since the start of 2025, as investors have responded to accelerating growth in SoFi's member base and product offerings, consistent profitability, and strategic diversification beyond its lending origins. Long-term investors might want to take a slice of the action.

Rachel Warren has positions in Shopify. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy.