3 Unstoppable Stocks to Buy in August
The major market indexes have continued to hit new highs this year, but the recent pullback is giving investors an opportunity to buy reasonably priced stocks with room to run. Let's see why three Motley Fool contributors see more upside for Amazon (NASDAQ: AMZN), Deckers Outdoor (NYSE: DECK), and (NASDAQ: MELI).
John Ballard (Amazon): Holding shares of companies that generate repeat business with customers makes for a truly unstoppable investment, and that makes Amazon a no-brainer.
Amazon is an essential part of millions of people's shopping routines. It's been a few years since the company updated its Prime membership numbers, but in 2021, Amazon disclosed that it had over 200 million Prime customers. That's a reasonable estimate for how many customers repeatedly shop on Amazon every year.
Source Fool.com
Mercadolibre Inc Stock
With 32 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1956 € shows a slightly positive potential of 3.9% compared to the current price of 1882.6 € for Mercadolibre Inc.
