MELI - 3 Incredible Growth Stocks That Could Skyrocket This Year
2024-03-23 08:00:00 ET
You don't need to chase the latest hot trend in technology to make lots of money in stocks. Buying shares of emerging consumer brands before they are widely recognized is one of the best investment strategies -- ask Peter Lynch .
Three Motley Fool contributors were asked to come up with three promising long-term investments that also have near-term upside potential. Here's why Cava Group (NYSE: CAVA) , MercadoLibre (NASDAQ: MELI) , and Dutch Bros (NYSE: BROS) made the cut.
Jeremy Bowman (Cava Group): Cava Group is one of the more intriguing IPOs to come on the market recently. It's a fast-casual chain that's drawn comparisons to Chipotle Mexican Grill for good reason.
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3 Incredible Growth Stocks That Could Skyrocket This Year