Here Are My Top Growth Stocks to Buy in November
Investing in emerging market stocks is essential for building a well-diversified global investment portfolio. In fact, according to Morgan Stanley, an ideal global equity portfolio should have at least 13% allocated to emerging markets.
But emerging market stocks have lagged behind the broad market so far this year. Much of the underperformance is attributed to non-company-specific factors such as COVID-19 resurgences, supply chain disruptions, slowing global growth, and rising inflation. But as investors take a bearish view of the entire sector, many fundamentally strong stocks with significant competitive advantages and improving financials are now trading at attractive valuation levels.
MercadoLibre (NASDAQ: MELI) and Pinduoduo (NASDAQ: PDD) are two such international companies that offer investors exposure to fast-growing markets at attractive price points.
Source Fool.com
