2 Stocks Outperforming the S&P 500 With Room to Run
Recent business updates from (NASDAQ: MELI) and Walt Disney (NYSE: DIS) are shining a big spotlight on the attractive values of these industry leaders. Shares of the fast-growing e-commerce operator in Latin America are up 10% year to date, while Disney stock has jumped 21%.
Both stocks are outperforming the S 500's return of 5.3% at the time of writing, but there are good reasons to expect more upside over the next few years.
Latin America is one of the fastest-growing e-commerce markets in the world. MercadoLibre is the leader, with a marketplace surpassing 50 million unique buyers. Its leading position in a growing market has the stock up 394% over the last five years.
Source Fool.com
Mercadolibre Inc Stock
€1,836.0
2.040%
With 30 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
At the moment Mercadolibre Inc has reached the predicted target price of 1850 €, with a current price of 1836.0 €.
