DIS - 2 Stocks Outperforming the S&P 500 With Room to Run
2024-02-17 05:20:00 ET
Recent business updates from MercadoLibre (NASDAQ: MELI) and Walt Disney (NYSE: DIS) are shining a big spotlight on the attractive values of these industry leaders. Shares of the fast-growing e-commerce operator in Latin America are up 10% year to date, while Disney stock has jumped 21%.
Both stocks are outperforming the S&P 500 's return of 5.3% at the time of writing, but there are good reasons to expect more upside over the next few years.
Latin America is one of the fastest-growing e-commerce markets in the world. MercadoLibre is the leader, with a marketplace surpassing 50 million unique buyers. Its leading position in a growing market has the stock up 394% over the last five years.
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2 Stocks Outperforming the S&P 500 With Room to Run