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This Monster Growth Stock Is Up Nearly 300% in 5 Years. Here's Why It's the Largest Stock Position in My Portfolio Right Now.
MELIMercadoLibre(MELI) The Motley Fool·2024-09-21 17:13

I believe the stock can keep rising faster than most other stocks.The last five years were chaotic, with a global pandemic, a presidential election, inflation, swift interest rate changes, bank failures, and more. Despite this level of economic disruption, the S&P 500 is up nearly 90%. That's a good run, all things considered.As good as these broad market returns have been, MercadoLibre (MELI -0.27%) stock has left the S&P 500 completely in the dust. Shares of this Latin American business are up over 280% i ...