MELI - Forget Amazon Stock Buy This Magnificent E-Commerce Powerhouse Instead
2024-01-23 11:25:00 ET
E-commerce is one of the defining investment topics of the past few decades, and no company represents that more than Amazon , whose stock has returned a mind-melting 158,000% over its lifetime.
Amazon is still an outstanding stock today, but it's also a trillion-dollar company, and those looking for life-changing investment returns may need to look elsewhere. MercadoLibre (NASDAQ: MELI) fits the bill so well it's almost poetic.
Give Amazon its roses, but investors looking for a home run should buy this lesser-known e-commerce giant instead.
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Forget Amazon Stock, Buy This Magnificent E-Commerce Powerhouse Instead