3 Hot Growth Stocks to Buy Right Now Without Any Hesitation
The stock market has delivered average annual returns of about 10% going back decades, which is enough to double your money every seven years. But it's not that difficult to grow your money faster with well-chosen growth stocks.
To give you some ideas, three Motley Fool contributors believe On Holding (NYSE: ONON), (NASDAQ: MELI), and Dutch Bros (NYSE: BROS) can help you achieve above-average returns. Here's why.
Jennifer Saibil (On Holding): On has distinguished itself as a top premium brand that is challenging names like Nike and Lululemon Athletica. It stands out for its soaring growth despite inflation, and it's just getting started. It has a massive growth runway as it builds its brands and attracts loyal fans, and growth-minded investors should take a look.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 1845 € there is a slightly positive potential of 2.69% for Mercadolibre Inc compared to the current price of 1796.6 €.
