3 Growth Stocks to Buy and Hold for the Next Decade

Three long-horizon, high-risk/high-reward picks — Oklo, Joby Aviation and MP Materials — warrant attention from investors willing to tolerate volatility because each has strategic assets or partnerships that could underpin multi-decade growth. Oklo is a pre-revenue developer of compact fast‑neutron reactors aimed at data centers and clean‑power demand driven by AI but remains dependent on NRC licensing and ongoing capital; Joby is building eVTOL air taxis that could tap a Morgan Stanley‑estimated $1 trillion urban‑mobility market by 2040 yet must secure FAA certification and build supporting infrastructure (vertiports/charging) before commercial scale. MP Materials already generates revenue as owner/operator of the Mountain Pass rare‑earth mine and is advancing downstream magnet production with U.S. government and Apple support plus a JV in Saudi Arabia to diversify supply from China, but heavy capex to expand its 10X magnet facility and current losses pose near‑term execution and cash‑flow risks.

Analysis

Oklo (OKLO) is developing the Aurora compact fast‑neutron reactor intended to power data centers and remote sites and has partnerships with Equinix and Vertiv that support a potential commercial pathway. The company remains pre‑revenue and lacks NRC commercial licensing, so regulatory timing and ongoing capital management are the primary near‑term risks even as AI‑driven electricity demand and clean‑power mandates underpin the decade‑long growth thesis.

Joby Aviation (JOBY) is targeting urban air mobility with eVTOL aircraft and a Morgan Stanley estimate of a potential $1 trillion market by 2040, but it is also pre‑revenue and faces binary FAA certification milestones plus the need to build vertiports and charging infrastructure before meaningful scale. Those infrastructure and safety approvals create material execution risk that will dictate commercialization timing and cash burn.

MP Materials (MP) operates the Mountain Pass mine and is already revenue‑generating while advancing downstream magnet production with strategic support from Apple and a U.S. government investor, and a joint venture with the Saudi Arabian Mining Company to diversify refining away from China. The company is incurring heavy capex to build the 10X magnet facility, is loss‑making today, and therefore presents short‑term cash‑flow and execution risks despite stronger near‑term commercial footing; sentiment signals label the set as speculative and mildly positive, and the article discloses author and Motley Fool positions which may bias coverage.

Key Decisions for Investors

• Limit initial exposure to a small, defined sleeve of your growth/venture allocation given high regulatory and execution risk
• Track binary catalysts closely—NRC licensing milestones for Oklo, FAA certification and infrastructure commitments for Joby, and financing/timeline updates for MP's 10X magnet facility—and use those events to reevaluate sizing
• Favor MP if you require current revenue exposure to the rare‑earth supply chain but hedge for capex/timing risk, while treating Oklo and Joby as longer‑dated, higher‑volatility development plays
• Require commercial contracts or firm partner commitments (Equinix/Vertiv for Oklo, customer or government offtakes for Joby/MP) before materially increasing position sizes and account for disclosed author/publication positions when interpreting the coverage