It might seem risky to buy tech stocks as the Nasdaq hovers near its all-time high. Here are three stocks that fit that description: Roku (NASDAQ: ROKU), MercadoLibre (NASDAQ: MELI), and Infinera (NASDAQ: INFN).
Consider that Microsoft stock delivered a total return of 1,200% over the last decade. The even less risky S&P 500 index posted a total return of roughly 300% across the same stretch, and it's likely that patient investors who back strong companies will continue to enjoy impressive returns. With that in mind, a panel of Motley Fool contributors has identified three stocks that look poised to more than triple over the next decade.
MercadoLibre (MELI) closed the most recent trading day at $1,613.81, moving +1.42% from the previous trading session.