A Wall Street analyst cited growing competition from another e-commerce powerhouse, but his view is short-sighted. Read More...
Motley Fool
2 Stocks That Turned $1,000 Into $9,000 (or More)
Admittedly, that kind of performance is rare, but it’s exactly what Amazon (NASDAQ: AMZN) (up 902%) and MercadoLibre (NASDAQ: MELI) (up 1010%) did from Sept. 8, 2012, to Sept. 8, 2022. Both Amazon and MercadoLibre operate e-commerce marketplaces. While consumers in the U.S. (and in many places worldwide) know Amazon well, fewer know MercadoLibre.
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