3 Unstoppable Dow Stocks to Buy in November and Hold for the Next Decade

The Dow Jones Industrial Average (^DJI +0.31%) has risen approximately 9% through November 9, 2026, tracking 30 of the largest U.S. companies, selected by a committee that only adds a stock if it demonstrates an excellent reputation and consistent growth. Amazon (AMZN +1.46%), Alphabet (GOOGL +2.57%)(GOOG +2.39%), and Home Depot (HD -0.20%) are among those Dow stocks that are worth buying in November and holding for the next decade.

Amazon's cloud computing division, Amazon Web Services (AWS), has seen a 39% year-over-year increase in sales to $46 billion in the last quarter, with CEO Andy Jassy predicting AWS could reach a trillion-dollar revenue business within the next five to 10 years. Furthermore, Amazon's AI capabilities from AWS could help unlock significant growth in its online retail business, where nearly 80% of retail still occurs in physical stores.

Amazon's artificial intelligence (AI) assistant, Alexa for Shopping, users spend 50% more per order compared to non-users, and customer interactions have increased by 570% year-over-year in Q3. Amazon is pursuing these opportunities while maintaining profitability, with a 29% increase in trailing-12-month operating cash flow to $168 billion and $114 billion in cash and marketable securities.

Despite trading at a premium of 28 times forward earnings, Amazon's growth in AWS and e-commerce justifies its valuation.

Alphabet's shares have declined about 7% year to date, following third-quarter results where search ad revenue fell short of Wall Street's expectations. However, total revenue increased by 25% year-over-year, driven by AI's impact on search. Google Cloud has experienced a 103% year-over-year growth, now accounting for 24% of total revenue, and Alphabet holds $265 billion in cash and marketable securities while having $125 billion in long-term debt.

At 22 times forward earnings, Alphabet offers a reasonable valuation, with potential for substantial returns as the business expands over the next decade.

Home Depot's stock has risen by 1% year to date, as shoppers' inflation concerns and interest rates have deterred large projects. Nevertheless, this is an opportune moment to invest in the largest home improvement retailer, as the stock is likely to trade at a higher premium once the housing market rebounds. Home Depot targets a $1.2 trillion opportunity, including a $700 billion addressable market for professional contractors.

Its extensive real estate footprint ensures faster delivery and has led to double-digit growth in second-quarter online sales. Home Depot is still a profitable business with a 12.4% operating margin on revenue. At 23 times forward earnings and a 2.7% dividend yield, the stock is expected to yield rewarding returns once the housing market recovers.