3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade

In a market where many investors chase yesterday's winners at sky-high valuations, it takes both patience and conviction to find tomorrow's breakout growth stocks at a reasonable price.

In this market, three compelling opportunities combine explosive growth potential with business models that are built to last: digital advertising expert AppLovin (NASDAQ: APP), cybersecurity giant CrowdStrike (NASDAQ: CRWD), and experience-focused coffee chain Dutch Bros (NYSE: BROS).

These aren't your typical growth-at-any-price plays. Each company operates in a massive addressable market, holds sustainable competitive advantages, and shows clear paths to long-term profitability. Here's why these three stocks deserve a spot in your portfolio for the next decade.

The AI advertising powerhouse

AppLovin's artificial intelligence (AI) tools for digital advertising are making some serious noise. The company has transformed from a mobile gaming platform into an AI-driven advertising juggernaut. As of November 3, 2025, it has delivered a jaw-dropping 297% one-year return and an almost unbelievable 4,034% over three years.

What makes AppLovin special isn't just its growth rate. It's the company's AXON 2.0 technology that's the real star, using AI to match advertisers with the right app users. The results speak for themselves: 35% lower customer acquisition costs for AppLovin's clients and 56% operating margins that would make most software companies jealous.

Looking ahead to the next decade, AppLovin is expanding beyond mobile gaming into e-commerce and connected TV advertising, potentially multiplying its $40 billion-plus total addressable market. With a forward P/E of 45 and a PEG ratio of 1.57, you're not exactly getting it for free, but considering the 60% projected annual EPS growth over the next five years, there's still plenty of meat left on this bone.

The main risk? AppLovin depends on keeping app store managers Apple and Google happy, as changes to mobile platform policies could throw a wrench in the works. But so far, they've navigated various privacy changes with a deft hand.

The cybersecurity platform leader

If 2024 taught us anything, it's that even the best cybersecurity companies can have a bad day. CrowdStrike's July incident sent shares tumbling, but here's the thing: the company's customers didn't abandon ship. In fact, the stock has rebounded 59% YTD. A noisy hiccup doesn't erase years of excellence when you're protecting the digital infrastructure of the world's largest companies.

CrowdStrike isn't your grandfather's antivirus software. This is an AI-native platform that stops threats before they can say "ransomware." The company now has 22% of customers using eight or more service modules, up from virtually nothing three years ago. Once companies get a taste of CrowdStrike's platform, they keep coming back for more. Revenue is still growing at 21% annually, and the company just posted a record $333 million in quarterly operating cash flow.

Image source: CrowdStrike.

The cybersecurity market is expected to grow from $116 billion today to $250 billion by 2029, and CrowdStrike is positioned to capture more than its fair share. As cyber threats become more sophisticated with AI, having an AI-native defense becomes less of a nice-to-have and more of a must-have. Think of it as bringing a lightsaber to a knife fight.

Yes, the forward P/E of 116 is a lot, but enterprises are projected to spend 10% to 15% of IT budgets on security by 2030 (up from 5% to 7% today). Paying up for quality makes sense in this huge and expanding market.

The next-generation coffee empire

While Starbucks is trying to figure out why people don't want to pay $8 for a latte anymore, Dutch Bros is quietly building the next great American coffee empire -- one drive-thru window at a time. With roughly 1,050 locations today against a 7,000-store opportunity, this isn't even the second inning; Dutch Bros is still in batting practice.

The company has figured out that people don't want another cookie-cutter coffee store. Dutch Bros offers a distinctly different experience with dedicated drive-through service from famously friendly "Broistas." The drink mix is also different, leaning heavily on cold coffee drinks and hand-mixed Rebel energy drinks.

And it's working. With drive-through lines often snaking around the block, the company is posting more than 5% same-store sales growth while expanding at a breakneck pace, targeting an easy-to-remember 2,029 stores by the year 2029. That's essentially doubling in five years.

The stock's 40% pullback from February highs has created an opportunity for investors who missed the initial run. Trading at a forward P/E of 61 might seem rich for a coffee company, but with 33% projected EPS growth over the next five years and expansion into consumer packaged goods (CPG) products planned for 2026, Dutch Bros has multiple ways to keep the growth brewing.

The main risk is that aggressive expansion could lead to stores cannibalizing each other's sales, though management's disciplined site selection has avoided this trap so far.

Anders Bylund has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Apple, CrowdStrike, and Starbucks. The Motley Fool recommends Dutch Bros. The Motley Fool has a disclosure policy.