2 Growth Stocks Down 33% and 8% This Year to Buy and Hold for a Decade

Key Points

With a volatile stock market, tariff-related uncertainty, and geopolitical tensions, it’s a sure bet that investors will be able to find otherwise quality stocks trading at a discount due to broader-market issues or perhaps company-specific problems (or both). Two such stocks to consider right now are SoFi Technologies (NASDAQ: SOFI) and Amazon (NASDAQ: AMZN). Both stocks have declined this year, but they could still deliver superior returns over the next 10 years.

Image source: Getty Images.

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

1. SoFi Technologies

SoFi Technologies’ shares are down by 33% this year. Though the company’s latest quarterly update was fairly strong, there are serious valuation concerns with SoFi, especially considering its less-than-ideal guidance. The fintech specialist is trading at 30 times forward earnings, well above the average of 15 for financial stocks. However, looking at the next decade, SoFi’s prospects seem attractive, even while it trades at a steep premium. SoFi is quickly establishing itself as a leading online bank.

The company’s status as an online-only financial institution — which allows it to save on overhead costs and pass those savings on to its customers — and an interactive, easy-to-use app make it attractive, particularly among younger generations. SoFi isn’t slowing down. The company has continued to expand its service offerings, with some of its latest additions including crypto trading and international money transfers.

SoFi’s efforts are being rewarded with a growing member base and strong revenue and earnings. There is plenty more growth fuel ahead for the company, including in cross-selling additional products to existing members (it averages just 1.5 products per customer), and attracting new members over the next decade as more young people enter the workforce.

SoFi will likely be a somewhat volatile stock, given its valuation. However, the company’s strong revenue growth somewhat justifies its premium. The stock could perform well through 2036 (and beyond), provided it can capitalize on the lucrative opportunities ahead.

2. Amazon

Amazon’s fourth-quarter results were also fairly strong, but the market is worried about the company’s massive capital expenditure plan for 2026. However, the company has proven several times in the past, including a few years ago, that it can cut spending if necessary, if the ROI isn’t what it expected. Since posting a rare net loss in 2022, Amazon has recovered.

Further, some of the company’s ongoing efforts will help it reduce expenses over the long run. Amazon is increasingly relying on industrial robots in its warehouses and is replacing many of its human workers, which will help reduce costs.

Meanwhile, the company still has attractive growth opportunities. Amazon remains the leader in cloud computing, and sales growth in that segment has accelerated over the past two quarters. Amazon’s artificial intelligence-related services are helping boost cloud revenue. The company’s advertising business is also performing well and remains one of its fastest-growing segments.

Both of these business units should remain key growth drivers over the next decade, and in the meantime, Amazon is slowly ramping up new opportunities, including its healthcare ventures. In my view, the company’s long-term outlook remains strong, despite an 8% decline this year.

Should you buy stock in SoFi Technologies right now?

Before you buy stock in SoFi Technologies, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $532,066!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,122,072!*

Now, it’s worth noting Stock Advisor’s total average return is 960% — a market-crushing outperformance compared to 193% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of March 5, 2026.

Prosper Junior Bakiny has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.