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

2026-03-05 12:11:00 ET

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.

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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.

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