|Bid||921.11 x 2200|
|Ask||935.00 x 1100|
|Day's range||879.10 - 932.74|
|52-week range||600.68 - 1,365.97|
|Beta (5Y monthly)||1.55|
|PE ratio (TTM)||179.38|
|Earnings date||20 Feb 2023 - 24 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Dec 2017|
|1y target est||1,276.20|
MercadoLibre (NASDAQ: MELI), the Latin American e-commerce marketplace, has continued to deliver strong results even as its stock has fallen alongside its peers, down 34% this year. Let's take a closer look at why MercadoLibre is a top stock to buy right now. At a time when major U.S. e-commerce companies like Amazon, Etsy, and Wayfair are reporting single-digit or even negative growth, MercadoLibre has been rock-solid.
Here are three growth stocks to buy that could skyrocket. Axsome Therapeutics (NASDAQ: AXSM) is already a big winner this year. This impressive performance is primarily due to Axsome's Auvelity securing U.S. Food and Drug Administration (FDA) approval in August for treating major depressive disorder.
Instead, some of its peers abroad continue to grow rapidly, a factor that might lead investors to consider Shopify (NYSE: SHOP), MercadoLibre (NASDAQ: MELI), or Sea Limited (NYSE: SE) as the new top e-commerce stocks. Also, due to efforts to keep the cost of net revenue down, its $317 million in net income during the period surged 146% year over year.