Astera Labs (ALAB) Among Our Best Growth Stocks To Buy and Hold for the Next Dec

​Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. Astera Labs, Inc. (NASDAQ:ALAB) has gained more than 37% over the past month driven by strong momentum from record Q1 2026 earnings and its recent addition to the NASDAQ-100 index.

​The company joined the NASDAQ-100 index effective June 22, 2026. ALAB has benefitted from a surge in AI infrastructure demand. In fiscal Q1 2026, the company posted $308.36 million in revenue, reflecting 93% year-over-year increase. Management attributed the growth to be driven by robust demand for the PCIe 6 connectivity portfolio, which now accounts for over one-third of total quarterly revenue.

​Recently, on June 4, Stifel reiterated a Buy rating on the stock with a price target of $260. The firm noted that the rating comes after investor meetings at its Cross-Sector 1-on-1 2026 conference in Boston. The firm met with former CFO and current Strategic Advisor Mike Tate, along with Head of IR Leslie Green, for a series of one-on-one investor discussions.

Stifel came back more positive on the company with three main takeaways. Firstly, the company's total addressable market is broadening across its

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/astera-labs-alab-among-best-221327517.html)