One stock that could be reaching the point of a stock split is Latin-American e-commerce giant MercadoLibre (NASDAQ: MELI). Since going public at $18 per share in 2007, MercadoLibre hasn't split its stock once. First, stock-based compensation has become a popular way to incentivize employees, primarily through stock options.
In the latest trading session, MercadoLibre (MELI) closed at $1,191.55, marking a +0.41% move from the previous day.
Each of these stocks is exceptional in some way, either because its growth opportunities are incredibly compelling, or it's highly undervalued, or it's rock solid. MercadoLibre (NASDAQ: MELI) is my top stock to buy today because it's a no-brainer for high growth, and it's still 40% off its highs. MercadoLibre is an e-commerce powerhouse headquartered in Argentina that's similar to Amazon.