Forget Amazon; Buy This Unstoppable Growth Stock Instead
Amazon has been one of the best-performing stocks in the history of the stock market, and new advances in artificial intelligence (AI) have created a new wellspring of opportunity for the e-commerce king.
However, while Amazon may continue to grow and gain, there's another e-commerce company that's growing faster and might have even greater opportunities. If you're looking for a powerhouse growth stock with massive potential, consider stock (NASDAQ: MELI).
It's not easy to boast high sales growth for long periods of time, but MercadoLibre continues to wow the market with consistently high revenue increases. They accelerated early in the pandemic to triple-digit numbers, and now they've decelerated comfortably into high double digits.
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 positive potential of 20.49% compared to the current price of 1487.2 € for Mercadolibre Inc.
