MELI - 3 Supercharged Tech Stocks to Buy Without Any Hesitation
2023-04-14 08:48:00 ET
The tech sector often leads investors to stocks that could experience outsize price increases over time. Stocks like Amazon and Netflix are excellent examples of such growth.
Indeed, that reversed beginning in late 2021, as rising interest rates took their toll. Nonetheless, many of the stocks were oversold, paving the way for a likely recovery in names such as MercadoLibre (NASDAQ: MELI) , Shopify (NYSE: SHOP) , and Zoom Video Communications (NASDAQ: ZM) .
MercadoLibre seems unstoppable. The Latin American conglomerate leads its region in the e-commerce and digital payments spaces. Moreover, it has accomplished this by tackling many of the same issues that limited the growth of other companies.
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3 Supercharged Tech Stocks to Buy Without Any Hesitation