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2 fantastic ASX growth stocks to buy and hold for 10 years

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  Analysts have good things to say about these growing companies. The post 2 fantastic ASX growth stocks to buy and hold for 10 years appeared first on The Motley Fool Australia.

The article from MSN discusses two ASX-listed companies, Pro Medicus (ASX:PME) and Goodman Group (ASX:GMG), as excellent long-term investment options due to their growth potential over the next decade. Pro Medicus, a healthcare IT company, has shown significant growth with its revenue increasing by 30% in the first half of FY24, driven by its flagship product, Visage 7, which is gaining traction in the US market. The company's focus on AI and machine learning for future product enhancements positions it well for continued expansion. On the other hand, Goodman Group, a global industrial property group, benefits from the e-commerce boom, with its properties in high demand due to the need for logistics and warehousing. Goodman has a robust development pipeline and a strong balance sheet, which supports its growth strategy. Both companies are highlighted for their strong fundamentals, market positioning, and potential for sustained growth, making them attractive for investors looking to hold stocks for the long term.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/lifestyle/other/2-fantastic-asx-growth-stocks-to-buy-and-hold-for-10-years/ar-AA1va7tw ]