2 Millionaire-Maker Technology Stocks
While the world is enamored with artificial intelligence (AI), it has soured on the e-commerce landscape. Many leading e-commerce companies, like Amazon, have underperformed the market in recent years, even as they have other subsidiaries that will benefit from the AI revolution. These were the darlings of the stock market during the COVID-19 pandemic but have since been forgotten by Wall Street.
Two international technology and e-commerce stocks -- Coupang (NYSE: CPNG) and (NASDAQ: MELI) -- are down significantly from all-time highs, even though they hold leading positions in their key geographies and have significant growth opportunities. Here's why both can be millionaire-maker technology stocks for your portfolio today.
A technology stock focused on e-commerce is Coupang, headquartered in the United States but primarily operating in South Korea. Coupang offers an Amazon-like online shopping experience for its customers, with a wide selection and rapid delivery times for subscribers to its premium tier.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 2363 € there is a hugely positive potential of 66.97% for Mercadolibre Inc compared to the current price of 1415.2 €.
