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2 Monster Stocks to Hold for the Next 10 Years

2026-09-02 17:20 Jennifer Saibil The Motley Fool Positive Axe Cap view: Selective EquitiesEarningsConsumerRetail COSTMELI

Axe Cap view

Why Costco and MercadoLibre Win the 10-Year Bet

Two resilient growth stories, one North American retail giant and one Latin American fintech powerhouse, that deserve a spot in your portfolio for the next decade.

Costco’s membership model keeps customers returning and revenues climbing steadily, making it rare in today’s fickle retail world. Their plan to open 30+ new stores yearly adds a tangible growth angle often missing in old brick-and-mortar names. For South African investors, Costco’s strong performance reminds us to focus on companies with real consumer loyalty and expansion plans. MercadoLibre, while not JSE-listed, impacts our view through the USD/ZAR lens. Its 50% revenue jump in a tough Latin American market reflects how fintech and e-commerce combined can dominate emerging economies. That’s a powerful sign for currency plays against the rand, especially given local fintech and digital retail trends. These picks highlight growth anchored in real cash flow and market traction, not hype. The risk: a global recession or inflation shock hitting consumer demand hard could scramble these plans. But their fundamentals give these two a ten-year runway few peers will match. this is just our opinion and not financial advice

How I would invest

Hold Rand-hedged exposure to Costco through global ETFs or ADRs where possible, and watch USD/ZAR closely to time any MercadoLibre-related plays via currency moves; trim if inflation spikes globally tightening consumer spending.

What I would watch
  • Costco (COST)
  • USD/ZAR
What could go wrong
  • Global recession cooling consumer spending
  • Higher inflation forcing consumer belt-tightening
How strongly I feel

7/10

The article recommends Costco Wholesale and MercadoLibre as two stocks suitable for long-term 10-year holding periods. Costco demonstrates strong performance with 11.6% sales growth, 82.9 million members, and plans for 30+ annual store openings. MercadoLibre, an e-commerce and fintech platform in Latin America, shows 50% revenue growth and 36% GMV increase, with ecosystemic users generating significantly higher value metrics.

Our take is based on reporting first published by The Motley Fool.

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