2 Exceptional Growth Stocks to Own in 2023
In a quarter when many companies issued cautious guidance or reported lackluster earnings, two that knocked it out of the park were Airbnb (NASDAQ: ABNB) and MercadoLibre (NASDAQ: MELI). Neither company disappointed with their most recent results, and yet their stocks remain cheap from a valuation standpoint.
Even though both stocks saw success to begin 2023, there's a lot more in store. Read on to find out why these two have strong potential for the rest of the year and beyond.
Airbnb has become synonymous with alternative lodging and experiences. Whether you're crashing in someone's basement for a few months while you get established in a new city or want to rent out an entire beach house, Airbnb is the place to go. Travelers are also flocking to the platform in record numbers: The fourth quarter saw the highest number of active bookers ever on the platform.
Source Fool.com