5 Top Stocks for November
The stock market might be at yet another all-time high, but long-term investors have seen this story play out before. With average historical gains of 7% a year, inclusive of dividend reinvestment, the stock market has proven to be a top-tier creator of wealth. It also means there are always bargains abound for investors to choose from.
With this in mind, we asked five of our Foolish investors for what they'd consider to be their top stock for November. Their responses included five companies from five very different industries.
Read on to see why Latin American e-commerce giant, MercadoLibre (NASDAQ: MELI), biotech blue chip Celgene (NASDAQ: CELG), fast-growing gold-miner Yamana Gold (NYSE: AUY), wearable camera developer GoPro (NASDAQ: GPRO), and financial-services behemoth American Express (NYSE: AXP), are worth a closer look.
Source: Fool.com
Mercadolibre Inc Stock
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.
