MELI - 3 No-Brainer Stocks That Genius Investors Are Scooping Up Now
2023-08-28 05:05:00 ET
Many retail investors like to follow and imitate the actions of those whom they consider genius investors. Well-known stock pickers like Warren Buffett and Cathie Wood have developed considerable followings, and, rightly or wrongly, investors will sometimes buy stocks because investors they admire own them.
But those geniuses also pursue differing philosophies, a factor that explains why Buffett and Wood, for example, tend to pick different stocks from each other. Although an individual stock may not fit with every investor's philosophy, investors are likely to beat the averages with stocks such as Apple (NASDAQ: AAPL) , Amazon (NASDAQ: AMZN) , and MercadoLibre (NASDAQ: MELI) . Let's find out a bit more about these three no-brainer stocks.
Apple is the largest investment in Buffett's Berkshire Hathaway portfolio, and it should come as no surprise that it is popular with smart money investors.
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3 No-Brainer Stocks That Genius Investors Are Scooping Up Now