Investing in the stock market is best with a long-term mindset, as doing so can safeguard your holdings from temporary headwinds. As a result, growth stocks can be your best friend with their history of solid gains over extended periods of time. 

While companies like and Amazon are often touted as must-buy growth stocks, going for lesser-known options can be a great way to diversify your portfolio. For instance, retailer Costco Wholesale (NASDAQ: COST), known for its membership-only chain stores and low prices, has done very well for investors.

The company's annual revenue has grown over 60% in the last five years, while operating income has climbed 74% despite the COVID-19 pandemic and recent economic challenges. Its unique business has won people over worldwide, with plenty of room for growth ahead. 

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Source Fool.com