“You get what you pay for” often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Separating true intrinsic value from speculation isn’t easy, especially during bull markets. That’s where StockStory comes in - to help you find high-quality companies that will stand the test of time. That said, here are three high-flying stocks to hold for the long term.
AMD (AMD)
Forward P/E Ratio: 59.2x
Founded in 1969 by a group of former Fairchild semiconductor executives led by Jerry Sanders, Advanced Micro Devices (NASDAQ: AMD) is one of the leading designers of computer processors and graphics chips used in PCs and data centers.
Why Are We Fans of AMD?
- Annual revenue growth of 26.8% over the past five years was outstanding, reflecting market share gains this cycle
- Projected revenue growth of 48.9% for the next 12 months is above its two-year trend, pointing to accelerating demand
- Earnings per share have comfortably outperformed the peer group average over the last five years, increasing by 23% annually
AMD is trading at $516.75 per share, or 59.2x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it’s free.
Crane (CR)
Forward P/E Ratio: 31.3x
Based in Connecticut, Crane (NYSE: CR) is a diversified manufacturer of engineered industrial products, including fluid handling, and aerospace technologies.
Why Should CR Be on Your Watchlist?
- Exciting sales outlook for the upcoming 12 months calls for 19.3% growth, an acceleration from its two-year trend
- Performance over the past two years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 21.8% outpaced its revenue gains
- Free cash flow margin increased by 4.7 percentage points over the last five years, giving the company more capital to invest or return to shareholders
Crane’s stock price of $214.19 implies a valuation ratio of 31.3x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free.
Trane Technologies (TT)
Forward P/E Ratio: 31x
With low-pressure heating systems as its first product, Trane (NYSE: TT) designs, manufactures, and sells HVAC and refrigeration systems, the former to commercial and residential building customers and the latter to commercial truck manufacturers.
Why Do We Love TT?
- Market share has increased this cycle as its 11% annual revenue growth over the last five years was exceptional
- Share repurchases over the last two years enabled its annual earnings per share growth of 17.6% to outpace its revenue gains
- Free cash flow margin jumped by 8.4 percentage points over the last five years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends
At $471.52 per share, Trane Technologies trades at 31x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it’s free.
Stocks We Like Even More
WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don’t just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses.
But our AI platform says the party isn’t over. Find out which 9 stocks made the cut this week — FREE. Get Our Top 9 Market-Beating Stocks for Free HERE.
Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
