Finding an ASX share capable of growing strongly for many years can lead to outsized returns.

The challenge is identifying businesses with plenty of room to expand and the ability to turn that opportunity into rising revenue and earnings.

I think the three ASX shares below have that sort of potential, which is why I would be happy to buy them and hold for the next decade.

SiteMinder Ltd (ASX: SDR)

In many respects, a hotel room is perishable inventory. When a room sits empty tonight, the hotel cannot sell that same night next week. Operators therefore need to reach the right guests, appear across multiple booking channels, and adjust prices as demand changes.

SiteMinder provides the technology behind those decisions. Its platform helps hotels distribute rooms, take direct bookings, manage pricing, process payments, and understand where demand is coming from. More than 53,000 hotels currently use the company’s technology across 150 countries.

The Smart Platform is also changing how the ASX share earns revenue. The company can make more money when hotels generate more bookings and use additional services, giving it room to grow revenue from existing customers.

In the first half of FY26, annual recurring revenue increased by 27.4%, while adjusted EBITDA more than doubled.

Travel will remain cyclical, and competition across hotel software is considerable. I still think SiteMinder has a long opportunity ahead as independent hotels replace disconnected systems with broader commerce platforms.

Catapult Sports Ltd (ASX: CAT)

Professional sports organisations spend enormous amounts recruiting, training, and retaining athletes.

Catapult stands to benefit from this. It helps teams get more from that investment through wearable technology, video analysis, performance data, and tools used by coaches and support staff.

I think the next stage of Catapult’s growth can come from selling more solutions to each customer.

A football club that begins with athlete monitoring may later add video, tactical analysis, scouting, or strength-training products. Each additional product can make Catapult more closely embedded in the club’s operations.

That strategy gained momentum in FY26. Annualised contract value rose 28% to US$133.8 million, while the number of professional teams using multiple Catapult solutions increased by 62%.

Catapult still needs to turn its improving economics into sustained profits. But I think the combination of recurring revenue, high customer retention, and more spending per team gives it a strong chance over the next decade.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne sells software that organisations cannot casually switch off.

Councils use it to manage property rates, finances, payroll, assets, and community services. Universities rely on it for student records and timetabling, while government agencies use its systems for critical administrative work.

Once that software is integrated across an organisation, the relationship can last for years.

TechnologyOne reported 17% annual recurring revenue growth to $598 million in the first half of FY26. Customer retention remains above 99%, and management is aiming for more than $1 billion of annual recurring revenue and AI revenue by FY30.

I also like how the company is approaching artificial intelligence. This could give its already positive long-term outlook an extra lift over the next decade.

The company’s valuation regularly reflects high expectations, so disappointing growth could produce sharp share price falls. Even so, its record of innovation, recurring revenue, and expansion into the UK makes it an ASX share I would happily hold for 10 years.

Foolish takeaway

A decade gives these companies time to deepen customer relationships and prove that their platforms can support much larger earnings.

I would expect volatility, particularly from SiteMinder and Catapult, while TechnologyOne’s premium valuation creates its own challenge.

What keeps me interested is the way these businesses are developing. Customers are using more products, recurring revenue is growing, and each company has room to expand beyond its current base.

I would buy all three with sensible position sizes and give their businesses time to shape the investment outcome.

The post 3 growing ASX shares I’d buy and hold for 10 years appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports, SiteMinder, and Technology One. The Motley Fool Australia has positions in and has recommended Catapult Sports and SiteMinder. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

If an income investor scours the S&P/ASX 200 Index (ASX: XJO) today in the search for a dividend yield over 6%, they might be looking for quite a period. As it stands today, there aren’t too many ASX 200 dividend shares offering yields over 5%, let alone 6%.

Not the big four ASX banks, not Telstra Group Ltd (ASX: TLS), nor Coles Group Ltd (ASX: COL), and not Wesfarmers Ltd (ASX: WES).

Fortunately, though, there are still some ASX 200 shares that have a 6% yield or greater on the table today. Let’s go through two of them.

2 ASX 200 shares with dividend yields over 5% right now

Metcash Ltd (ASX: MTS)

ASX 200 consumer staples stock Metcash is first up. You may not have heard of this company, which is perenially in the shadow of its larger and more famous rivals, Coles and Woolworths Group Ltd (ASX: WOW). Even so, I’m sure you’d be familiar with many of the names that Metcash supplies to. These include the IGA and Mitre 10 store networks.

Like many consumer staples shares, Metcash has a decent history of paying reliable dividends. Its last two payments came to a total of 18 cents per share, with full franking credits attached to both. This gives Metcash a healthy trailing dividend yield of 6.08% at yesterday’s closing share price of $2.96. That hikes up to an impressive 8.69% with the value of those full franking credits.

Charter Hall Long WALE REIT (ASX: CLW)

Next up, we have a real estate investment trust (REIT) to check out. Charter Hall Long WALE REIT is a fund that specialises in real estate investments with a long weighted average lease expiry (WALE). It lives up to that name, with this REIT’s portfolio currently holding an average WALE of 92 years.

Like most REITs, Charter Hall Long WALE collects rental income from its property assets (in this case, mostly offices, distribution centres, and industrial parks) and passes it on to its investors through dividend distributions.

This REIT’s last two dividend distributions have come in at 6.38 cents per unit each. That gives the Charter Hall Long WALE REIT a trailing dividend distribution yield of 6.89%. That’s at yesterday’s closing price of $3.70 per unit. Unfortunately, like the vast majority of its peers in the REIT space, Charter Hall Long WALE is not able to attach franking credits to its payouts, though.

The post 2 ASX 200 dividend shares with yields over 6% today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Goodman Group (ASX: GMG) has become one of the clearest ASX ways to invest in the infrastructure behind artificial intelligence and cloud computing.

The opportunity is substantial, although investors are already paying a premium for it.

So, would I put $5,000 into Goodman shares today?

What would $5,000 buy?

Goodman shares are trading around $29.55. That means a $5,000 investment would buy approximately 169 shares before brokerage.

According to consensus estimates, Goodman is expected to generate earnings per share of $1.28 in FY26 and $1.37 in FY27.

That puts the shares on a price-to-earnings ratio of around 23.1 times FY26 earnings and 21.6 times FY27 earnings.

I would not call that cheap for a property group. However, Goodman has moved well beyond the traditional model of owning warehouses and collecting rent.

Its data centre pipeline gives the company a much stronger growth outlook than most ASX property shares.

Why the data centre opportunity stands out

Data centres are the physical foundation of the digital economy.

Artificial intelligence, cloud computing, streaming, cybersecurity, digital payments, and online services all depend on buildings filled with computing equipment.

Developing those facilities is far more complicated than putting up a warehouse.

A site needs access to enormous amounts of electricity, fibre connections, cooling, planning approvals, suitable land, and proximity to major customers. In large cities, assembling those pieces can take years.

Goodman has already spent a long time securing land and power in markets where technology companies want to operate. Its global power bank reached 6.4 gigawatts (GW) at the end of March, with 3.6 GW secured and 2.8 GW in advanced stages of procurement

Data centres also represented 73% of its $14.5 billion development work in progress.

That gives Goodman a strong position as demand for computing capacity continues growing.

Growth backed by financial strength

Large developments require substantial capital, particularly when Goodman is building facilities with complex electrical and cooling requirements.

I like that the company has several ways to fund its expansion.

Goodman works with major institutional investors through its capital partnerships, allowing it to pursue a larger development program than it could support alone. The group also finished the first half with low gearing and considerable liquidity.

That financial flexibility gives Goodman room to invest while keeping its balance sheet in good shape.

Investors still need to watch development costs, power delays, construction schedules, and customer commitments. The current valuation also assumes that management will continue executing well.

A slowdown in data centre demand or delays across major projects could weigh heavily on the share price.

Would I invest?

My answer is yes. Goodman shares are not a bargain, and I would be comfortable beginning with a measured position rather than investing aggressively at once.

However, the company has spent years building the land portfolio, power access, customer relationships, and development expertise needed to capture the data centre opportunity.

Those advantages cannot be recreated quickly.

Foolish takeaway

I would invest $5,000 into Goodman shares with the intention of holding them for many years.

The current valuation already reflects plenty of optimism, so I would expect periods when the share price becomes volatile.

Even so, I think Goodman has one of the strongest growth runways in the ASX property sector. Its logistics portfolio provides an established earnings base, while data centres could become a much larger part of the business over the decade ahead.

For investors who can accept a modest income yield and focus on long-term growth, I think Goodman shares remain worth buying.

The post Should I invest $5,000 into Goodman Group shares? appeared first on The Motley Fool Australia.

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• Buy, hold, sell: Goodman Group, Endeavour, Resmed shares

Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.