The Stock Market Just Hit a New All-Time High. Here Are 3 Incredible Stocks I'm Still Buying.
With the stock market recently hitting new all-time highs, there are many stocks I'm worried about being richly valued. While they might eventually grow into those valuations, I'm looking for stocks that are still reasonably priced that could benefit from a multiple expansion.
Three that come to mind are Amazon (NASDAQ: AMZN), Meta Platforms (NASDAQ: META), and MercadoLibre (NASDAQ: MELI). All three companies are still reasonably priced, and I think they make for strong buys now.
Source Fool.com
Mercadolibre Inc Stock
€1,522.8
2.450%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 1792 € there is a slightly positive potential of 17.68% for Mercadolibre Inc compared to the current price of 1522.8 €.
