1 Magnificent Growth Stock Down 63% to Buy Right Now Before It Skyrockets
Investors continue to be enamored of artificial intelligence (AI) stocks, which makes a lot of sense. AI has the power to transform business and everyday life, and many changes are already happening.
But AI isn't the only game in town. E-commerce may be yesterday's trend, but if you've moved on, you've left a huge opportunity on the table. E-commerce is still increasing as a percentage of overall retail sales and is expected to reach 22.6% by 2027. Amazon and Shopify are reporting strong growth, and some international companies like are growing even faster.
Global-e Online (NASDAQ: GLBE) is a business-to-business e-commerce specialist with a lot of momentum, and its stock is down 63% from highs. Let's see why it's down, and why it could skyrocket.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 1769 € there is a slightly positive potential of 18.9% for Mercadolibre Inc compared to the current price of 1487.8 €.
