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3 Hyper-Growth Stocks That Are Screaming Buys Right Now

TheMotleyFool 
0 0 13.07.24
3 Hyper-Growth Stocks That Are Screaming Buys Right Now: https://g.foolcdn.com/editorial/images/783141/investor-plan-growth-and-increase-of-positive-performance-indicators.jpg
 

The easiest way to build wealth is to persistently buy shares of growing companies in the stock market and be patient. There is a high correlation between a company's growth and its stock's performance over many years.

And that's why these fool.com contributors believe MercadoLibre (NASDAQ: MELI), e.l.f. Beauty (NYSE: ELF), and Sweetgreen (NYSE: SG) are no-brainer buys right now. Read on to find out more about these highfliers, and why they could be poised for more gains.

John Ballard (MercadoLibre): Latin America is one of the fastest-growing e-commerce markets worldwide, and this tailwind sent shares of MercadoLibre soaring over the last decade. The recent dip in the stock is an excellent buying opportunity, as the company continues to report robust growth.

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Source Fool.com

Mercadolibre Inc Stock

€1,522.8
2.450%
There is an upward development for Mercadolibre Inc compared to yesterday, with an increase of €36.80 (2.450%).
With 23 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 17.68% compared to the current price of 1522.8 € for Mercadolibre Inc.
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