3 Top E-Commerce Stocks to Buy in May
It's no secret that tech stocks have been volatile over the past year, with the tech-heavy Nasdaq Composite essentially flat over the past year. And while the roller-coaster ride has been understandably unnerving for investors, there are still some great tech segments that investors should consider.
One of them is e-commerce, which is poised to become a $7 trillion market by 2025, according to eMarketer. Three companies already thriving in this space right now are Shopify (NYSE: SHOP), (NASDAQ: MELI), and Amazon (NASDAQ: AMZN). Here's why investors should consider scooping up shares of these e-commerce leaders.
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Source Fool.com
Mercadolibre Inc Stock
€1,628.4
8.930%
With 24 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 10.05% compared to the current price of 1628.4 € for Mercadolibre Inc.
