The stock market has shown signs of life over the past three months on the back of favorable inflation data, leading to an 11% jump in the S&P 500 index during this period, and this has rubbed off positively on shares of Shopify (NYSE: SHOP) and ASML Holding (NASDAQ: ASML), which have easily outpaced the broader market's gains.

While Shopify stock has gained 49% in the past three months, shares of ASML are up a whopping 74%. It remains to be seen if these stocks will be able to sustain their momentum in the near term amid the Federal Reserve's hawkish stance to control inflation.

But investors should focus on the big picture, which could send these breakout growth stocks soaring over the next decade. Let's look at the reasons why it would be a good idea to buy and hold onto these two stocks for a long time.

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Source Fool.com