- AMAT
- TOST
- IBKR
- LRCX
- MU
- PGR
- PLMR
- FTNT
- ANET
- DECK
- PINS
- ROST
- WMT
- AAPL
- AVGO
- ONTO
- ORLY
- MCO
- TEL
- AXS
- HG
- GOOG
- TSM
- TJX
The Top CFO Growth Picks for a 10-Year Horizon
A bird’s-eye look at this CFO-curated list reveals a portfolio shaped almost entirely by three forces: the AI infrastructure buildout, the value-conscious consumer, and disciplined specialty insurers. Here is what each name is up to as of spring 2026.
The AI capex wave dominates the list. Applied Materials (AMAT) management is guiding to over 20% growth in its semiconductor-equipment business in calendar 2026, fueled by gate-all-around, advanced packaging, and HBM tools. Lam Research (LRCX) delivered record Q3 fiscal 2026 results in April and lifted its 2026 wafer-fab equipment outlook to $140 billion, accelerating major NAND conversion plans. Micron (MU) has its entire 2026 HBM capacity sold out under contract; revenue nearly tripled last quarter and management forecasts a $100 billion HBM TAM by 2028. Taiwan Semiconductor (TSM) raised its 2026 revenue guide to north of 30% growth in dollar terms after Q1 profit jumped 58%. Onto Innovation (ONTO) preannounced a Q1 beat and raised Q2 guidance to $320–330 million on Dragonfly G5 demand for 2.5D AI packaging.
The chip designers carry the same theme. Broadcom (AVGO) posted Q1 fiscal 2026 AI revenue of $8.4 billion, up 106% year-over-year, with Hock Tan flagging a $100-billion-plus AI silicon opportunity by 2027. Arista Networks (ANET) raised its 2026 revenue outlook to roughly $11.25 billion with $3.25 billion targeted from AI networking. Fortinet (FTNT) posted 14% full-year growth and is leaning into agentic-AI security, FortiOS 8.0, and unified SASE. Apple (AAPL) delivered a record $143.8 billion Q1, up 16%, on iPhone 17 demand and a 38% Greater China surge; John Ternus succeeds Tim Cook on September 1. Alphabet (GOOG) lifted its 2026 capex plan to as much as $190 billion, with Google Cloud powered by Gemini and TPU sales to labs like Anthropic. TE Connectivity (TEL) booked record $5.3 billion in orders in fiscal Q2 and lifted its 2026 AI revenue outlook by $150 million.
The retail and consumer names lean defensive-growth. Walmart (WMT) guides FY26 sales up 3.5–4.5%, with Walmart Connect ad revenue jumping 41%. TJX Companies (TJX) continues to take share as a “tariff-neutral” off-pricer guiding mid-single-digit EPS growth. Ross Stores (ROST) issued bullish FY26 EPS guidance of $7.02–$7.36 and a $2.55 billion buyback. Costco-adjacent compounder O’Reilly Automotive (ORLY) posted 10% Q1 sales growth to $4.56 billion. Deckers (DECK) carries Zacks Rank #1 on Hoka and UGG momentum. Pinterest (PINS) ended 2025 with 619 million MAUs, up 12%, and $4.2 billion revenue. Toast (TOST) crossed $2 billion ARR with 164,000 locations and projects 2026 EBITDA of $775–795 million.
The financials and insurers round it out. Interactive Brokers (IBKR) grew customer accounts 32% to 4.4 million and equity 37%. Moody’s (MCO) reaffirmed high-single-digit revenue growth and $16.40–$17.00 adjusted EPS for 2026. Progressive (PGR) booked 9% policy-in-force growth with an 86.4% Q1 combined ratio. Palomar (PLMR) grew gross written premium 32% in 2025 and targets 30%+ crop-premium growth. AXIS Capital (AXS) lifted insurance gross premiums 20% in Q1 with an 89.8% combined ratio. Hamilton Insurance (HG) posted a 22% ROE and 24% book-value-per-share growth in 2025.
Quite a list — built for the long pull.
