Previous close | 106.10 |
Open | 106.10 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 1,120.00 |
Expiry date | 2024-06-21 |
Day's range | 106.10 - 106.10 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Amazon (NASDAQ: AMZN), CrowdStrike Holdings (NASDAQ: CRWD), and MercadoLibre (NASDAQ: MELI) are at the top of my shopping list for this month. While Amazon is more of a turnaround story, CrowdStrike and MercadoLibre are excellent growth stocks that can be purchased for a fair price. Amazon is the world's e-commerce leader, but the Federal Trade Commission (FTC) believes it has too much power and recently filed a lawsuit alongside 17 states charging it with anti-competitive practices.
To have the potential for quick growth, a company needs to have several attractive characteristics, such as a growing client base, sustainable catalysts, and strong revenue growth. MercadoLibre (NASDAQ: MELI) is Latin America's largest e-commerce retailer. MercadoLibre has demonstrated robust growth over the years and possesses good potential for growing its business by expanding its breadth of services and making them stickier.
The two cheap stocks on my watch list are Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI) as these two commerce giants are excelling but their stock prices don't reflect that progress. If you don't know Amazon and live in the U.S., you may have lived under a rock for the past decade. Amazon's e-commerce infrastructure has changed the way consumers shop, but it's much more than that.