Looking for a No-Brainer Growth Stock? Look Here
Unless you're retired and need to invest very conservatively, most investors want to have at least a few top growth stocks in their portfolios. There are no guarantees in the market, which is why diversification is so important. However, there are a few rare stocks that look like no-brainers. They're demonstrating incredible growth, are already profitable, and have strong growth drivers.
(NASDAQ: MELI) fits that framework, and there are several reasons the investing thesis looks so compelling right now.
Global e-commerce keeps growing as a percentage of global retail sales, but it's not the same everywhere. Consider the countries with the fastest e-commerce growth.
Source Fool.com
Mercadolibre Inc Stock
€1,821.2
-2.540%
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 1853 € there is a slightly positive potential of 1.75% for Mercadolibre Inc compared to the current price of 1821.2 €.
