Looking For a Growth Stock to Buy and Hold for the Decade? Here’s AAON, Inc. (AAON)

1 day ago 3

Talha Qureshi

Sat, June 27, 2026 astatine 5:14 PM CDT 2 min read

​AAON, Inc. (NASDAQ:AAON) is 1 of the Best Growth Stocks to Buy and Hold for the Next Decade. AAON, Inc. (NASDAQ:AAON) has gained much than 38% since the merchandise of its fiscal Q1 2026 net connected May 7. The gains were driven by a robust net beat.

​During the quarter, the institution posted $496.94 cardinal successful gross and surpassed the expectations of $383.6 million. The EPS of $0.48 besides topped the expectations of $0.29. Management noted the quarterly show was driven by the BASX brand, which reported an summation successful income of 72.4% to $228.6 cardinal arsenic liquid cooling request for AI infrastructure continues to accelerate accumulation throughput.

​Separately, connected June 2, the company's CEO Matt Tobolski and CFO Andy Cheung presented astatine the William Blair Growth Stock Conference successful Chicago, outlining the company's strategical absorption to investors. Management noted that AAON has positioned itself arsenic a best-in-class HVAC shaper and highlighted expanded accumulation capacity, upgraded systems, caller merchandise innovations, and a stronger proviso concatenation and enactment team.

​A halfway taxable was the company's dual-brand strategy, supported by a steadfast bid backlog and coagulated margins. The bid backlog successful Q1 2026 surged 107.4% year-over-year to a grounds $2.13 billion, driven chiefly by a 160% summation successful BASX-branded information halfway cooling orders.

AAON, Inc. (NASDAQ:AAON) manufactures customizable, high-performance HVAC solutions for commercialized and concern buildings, including rooftop units, chillers, and information halfway cooling systems.

While we admit the imaginable of AAON arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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