MercadoLibre, Inc. (MELI)
After hours:
- Motley Fool
Why MercadoLibre Was Rising 16% This Week
Shares of MercadoLibre (NASDAQ: MELI) soared 16.1% higher this holiday-shortened week compared to where they closed last Friday, according to data from S&P Global Market Intelligence. While the shares marched steadily higher by 3% Tuesday through Thursday, on Friday they rose nearly 6% after MercadoLibre announced it began offering life insurance in Brazil. The e-commerce company has been called the "Amazon of Latin America," but more recently has expanded into new verticals, primarily fintech services through its Mercado Pago app.
- Motley Fool
If You've Got $5,000, Buying These 5 Top Stocks Right Now Would Be a Genius Move
Bear markets aren't uncommon; they occur once every three and a half years. Because of this, wise investors should be looking for great values to pick up during a market panic. Alphabet (NASDAQ: GOOG) is the parent company of Google and YouTube, among others.
- Motley Fool
3 Top Nasdaq Stocks That Are Set to Triple
The current market sell-off has been brutal to wide selection of stocks, but it seems to have affected stocks in the Nasdaq Composite more than the broader market. Tech stocks have historically been listed on the Nasdaq, and they tend to have higher valuations due to the margin profile. Today we are going to look at three Nasdaq stocks that have been hit by the sell-off, but also have the real potential to triple in value over the next three to five years.
