2 Brilliant Stocks to Buy in November and Hold Forever

Shopify and Duolingo are two stocks that investors should consider buying in November and holding for the long term. Both companies have demonstrated strong financial performance in recent quarters, indicating a solid investment case.

Shopify, a leading e-commerce platform, has shown impressive growth in its gross merchandise volume (GMV) year over year, reaching approximately $119 billion. This growth trend has been consistent for the past six quarters, demonstrating Shopify's ability to adapt to technological shifts and benefit from the rise of artificial intelligence in commerce. The stock's price-to-free cash flow multiple of around 85 is within its historical range, making it a potentially valuable long-term investment.

Duolingo, a mobile learning platform with nearly 65 million daily active users, has also shown strong growth. Daily active users increased by 29% year over year, and bookings growth accelerated to 12%. Duolingo's CEO, Luis von Ahn, credits the app's daily engagement and data advantage as key factors in its success. The company has ambitious growth plans, aiming to reach 1 billion learners and build a larger business.

With a price-to-free cash flow multiple of about 21, Duolingo appears to be a strong long-term investment opportunity as well.