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1 Magnificent Growth Stock That Could Turn $200,000 Into $1 Million in a Decade

1 Magnificent Growth Stock That Could Turn $200,000 Into $1 Million in a Decade

Latin American e-commerce giant MercadoLibre (NASDAQ: MELI) delivered a strong first-quarter earnings report last week. Latin America has one of the fastest-growing internet penetration rates in the world, paving the way for strong consumer adoption of e-commerce and digital payments, as well as corporate adoption of digital advertising. MercadoLibre is often described as the "Amazon of Latin America."