2 Soaring Stocks to Hold for the Next 7 Years
2026-10-09 10:05
•John Ballard •The Motley Fool
•••• •• Axe Cap view
Two Growth Stories to Watch—But Not in SA
US stocks SharkNinja and eBay look set for strong gains, but South African investors have limited direct exposure.
SharkNinja and eBay are firing on all cylinders in the US, boasting double-digit revenue growth and promising long-term earnings gains. SharkNinja’s edge comes from smart marketing via TikTok and innovation in a consumer market topping $125 billion. eBay’s pivot to collectibles and refurbished goods has revived growth, highlighting how repositioning can pay off even in bigger tech names. For South African investors, these stories are more about what we don’t own than what we do. Neither company is listed on the JSE, and their direct impact on SA markets is limited. The USD/ZAR offers the clearest channel of exposure here—if the US economy stumbles or interest rates shift, we’ll see ripples through the rand. Locally, look elsewhere for growth. Consumer goods and banks are uneven, but Naspers and Prosus remain our best proxies for tech growth, though their performance depends heavily on global tech trends. This trade could falter if US e-commerce or consumer demand stalls sharply. this is just our opinion and not financial advice
We’d watch USD/ZAR closely as a barometer of offshore risk sentiment. Avoid chasing these US names directly and focus on Naspers or Prosus if you want tech growth exposure on the JSE. Trim cyclical banking stocks for now until local credit growth improves.
- USD/ZAR
- Naspers
- Prosus
- US consumer spending slowdown
- sharp rand depreciation or appreciation impacting hedge costs
5/10
SharkNinja and eBay are highlighted as potential long-term growth stocks trading near all-time highs. SharkNinja, with 22% YoY revenue growth and a forward P/E of 27, is gaining market share in a $125-130 billion addressable market through innovation and social media marketing. eBay has successfully repositioned its business with 14% YoY revenue growth, driven by collectibles, refurbished products, and person-to-person selling, trading at 17 times forward earnings. Both stocks are expected to deliver double-digit annualized earnings growth over the next seven years.
Our take is based on reporting first published by The Motley Fool.