2 Magnificent Stocks That I'm "Never" Selling
Investors often act with the intent of never selling. Warren Buffett has often said that his favorite holding period is "forever," and holding some stocks for years or decades has often paid off for investors.
Unfortunately, changing business conditions or management teams can make selling a stock the only wise choice, but one cannot truly make a promise to "never" sell.
Nonetheless, I own stocks I cannot envision myself selling, and Shopify (NYSE: SHOP) and MercadoLibre (NASDAQ: MELI) fit that description. Here's why.
Source Fool.com
Mercadolibre Inc Stock
With 35 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1956 € shows a slightly positive potential of 6.29% compared to the current price of 1840.2 € for Mercadolibre Inc.