The Nasdaq-100 is an index designed by the Nasdaq company to follow the biggest, most innovative companies in the market. And over the past decade, it's trounced the S&P 500 index, generating returns of 382% versus 239% for the broader index.
Despite trading on U.S. exchanges, MercadoLibre (NASDAQ: MELI), InMode (NASDAQ: INMD), and Global-e Online (NASDAQ: GLBE) are headquartered internationally, offering investors access to the global markets. While these three businesses have grown their sales between 34% and 63% over the last year, their share prices have dropped dramatically over the same time, creating an intriguing opportunity for investors. Building upon this divergence between promising business growth and share price declines, let's see why these three foreign companies look poised to help shareholders retire early.
These growth stocks are down sharply from their highs, creating a good buying opportunity for long-term investors.