2 Millionaire-Maker E-Commerce Stocks
Wouldn't it be nice to retire with $1 million in the bank? If you invest consistently and over many years, that can be your reality. There are no guarantees, but the earlier you start and the more consistently you invest, the more likely it's something that can happen.
Consider this exercise. If you had invested $25,000 in the S 500 30 years ago and added $300 monthly, you'd be a millionaire today. That's using the average annual S 500 return of about 10%.
Not everyone has that much to invest, but if you have an appetite for risk, you could invest in growth stocks that could lead to much higher gains. Consider these two e-commerce powerhouse stocks: (NASDAQ: MELI) and Global-e Online (NASDAQ: GLBE).
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 36 Buy predictions and no Sell predictions.
With a target price of 1926 € there is a slightly positive potential of 7.9% for Mercadolibre Inc compared to the current price of 1785.0 €.