MELI - Looking for a No-Brainer Growth Stock? Look Here
2024-05-24 08:05:00 ET
Unless you're retired and need to invest very conservatively, most investors want to have at least a few top growth stocks in their portfolios. There are no guarantees in the market, which is why diversification is so important. However, there are a few rare stocks that look like no-brainers. They're demonstrating incredible growth, are already profitable, and have strong growth drivers.
MercadoLibre (NASDAQ: MELI) fits that framework, and there are several reasons the investing thesis looks so compelling right now.
Global e-commerce keeps growing as a percentage of global retail sales, but it's not the same everywhere. Consider the countries with the fastest e-commerce growth.
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Looking for a No-Brainer Growth Stock? Look Here