Shares of most Brazilian stocks rose after the results of Brazil's presidential election came in earlier today. Shares of the Uruguayan online marketplace MercadoLibre (NASDAQ: MELI) rose roughly 6.6% today. Shares of the digital payments companies StoneCo (NASDAQ: STNE) and PagSeguro Digital (NYSE: PAGS) rose by 10.7% and nearly 10%, respectively.
The bears are running rampant on Wall Street. Of the 43 analysts surveyed by Refinitiv that cover Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), 38 of them rate the tech stock as a buy or strong buy. It's not surprising, therefore, that Wall Street's consensus 12-month price target reflects a 47% upside potential.
If you're looking to take advantage of the market crash, look no further than MercadoLibre and Figs.