History Says the Stock Market Will Soar: 2 Top-Pick Growth Stocks to Buy Now and Hold Long Term
The S 500 goes up in some years and down in others. Historically, the odds of a positive return in any given year have been about 75%. But the probability improves as the time horizon lengthens. Indeed, the S 500 returned 12.6% annually over the last decade, and investors can expect similar results (plus or minus a few points) over the next decade.
In short, history says the stock market will soar in the long run, which means investors can always find buying opportunities. Currently, Uber Technologies (NYSE: UBER) is a top pick at JPMorgan Chase, and (NASDAQ: MELI) is a top pick at Morgan Stanley. Like the broader market, the stocks may go up or down in any given year, but both companies are well positioned to create value for patient shareholders.
Here's why.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
On the other hand, the target price of 1853 € is below the current price of 1865.8 € for Mercadolibre Inc, so the potential is actually -0.69%.
