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4 Monster Stocks to Hold for the Next 10 Years -- Including Nvidia
MELIMercadoLibre(MELI) The Motley Fool·2024-11-22 13:00

Core Viewpoint - The article highlights five stocks that are expected to perform well over the next decade, emphasizing their potential for impressive gains and suggesting that investors consider adding them to their portfolios [2]. Group 1: Stock Performance - Nvidia has a 10-year average annual return of 76.13% and a 15-year average of 49.57% [2] - Netflix shows a 10-year average annual return of 31.05% and a 15-year average of 35.68% [2] - MercadoLibre has a 10-year average annual return of 30.18% and a 15-year average of 28.27% [2] - Meta Platforms has a 10-year average annual return of 22.19% [2] - The SPDR S&P 500 ETF has a 10-year average annual return of 13.10% and a 15-year average of 13.92% [2] Group 2: Nvidia - Nvidia is recognized for its strong performance, particularly in the semiconductor sector, with a commanding 88% market share in graphics cards [3] - The company's forward-looking price-to-earnings (P/E) ratio is 36, which is below its five-year average of 41, indicating it is not overvalued [4] Group 3: Netflix - Netflix has over 280 million streaming paid memberships globally, with a revenue increase of 15% year over year and a 14% growth in subscriber numbers [6] - The stock's recent forward P/E of 34 is close to its five-year average of 36, suggesting reasonable valuation for long-term investors [7] Group 4: MercadoLibre - MercadoLibre operates in 18 countries in Latin America, combining e-commerce and fintech services, and is described as a leading company in these sectors [9] - The stock has a forward P/E of 41, significantly lower than its five-year average of 85, presenting a buying opportunity [9] Group 5: Meta Platforms - Meta Platforms reported a 19% year-over-year revenue growth in the third quarter, despite a recent stock pullback due to anticipated high spending on AI [10] - The company has a vast user base across its platforms, which provides significant monetization opportunities [11]