Amazon is one of the most closely followed stocks on the market, and for good reason. It has been one of the best stocks to own ever -- if you bought early enough and held on through the ups and downs.

Amazon still has plenty to offer investors, and it's a classic example of winners that keep on winning. However, it may not offer the same gargantuan, early-stage gains it did 25 years ago.

That spot's been taken by newcomers like (NASDAQ: MELI), which is similar to Amazon but growing much faster. Let's see why you should consider buying it right now.

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Source Fool.com