Best Buy: Shopify, MercadoLibre, or NVIDIA?
Buying the right growth stocks can do big things for your portfolio. Shares of Shopify (NYSE: SHOP), MercadoLibre (NASDAQ: MELI), and NVIDIA (NASDAQ: NVDA) have been big winners this year, soaring 132%, 69%, and 97%, respectively, so far in 2017.
The three tech-savvy companies have become market darlings, and it's not just their stock prices on the move. Revenue rose at least 30% in each speedster's latest quarter. Whether they're helping small businesses gain an online retailing presence, hooking up merchants and customers through Latin America, or playing an important tech role in some of the hottest trends, Shopify, MercadoLibre, and NVIDIA are in the right place at the right time. They've been great for investors so far, but let's see which of the three reigns supreme for big gains in 2018 and beyond.
Image source: MercadoLibre.
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 19.15% compared to the current price of 1504.0 € for Mercadolibre Inc.
