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My Top Stock to Buy in August


My Top Stock to Buy in August

Imagine this: you own shares of a multi-national e-commerce company. The outfit has been growing like a weed: in the most recent quarter, revenue jumped by 65% in local currencies, and it currently has a war chest twice the size of its long-term debt obligations.

And when these fabulous results were announced...the stock dropped mercilessly, over 20% in the course of a week.

I believe that this offers a great opportunity for long-term investors. Indeed, I have already called out this company -- Mercadolibre (NASDAQ: MELI) -- as a company I would buy on a dip. And when Foolish trading rules allow, I'll be making good on that pledge. Let's dig into why.

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Source: Fool.com

Amazon.com Inc. Stock

€223.60
0.340%
The Amazon.com Inc. stock is trending slightly upwards today, with an increase of €0.75 (0.340%) compared to yesterday's price.
Currently there is a rather positive sentiment for Amazon.com Inc. with 205 Buy predictions and 7 Sell predictions.
With a target price of 258 € there is a slightly positive potential of 15.38% for Amazon.com Inc. compared to the current price of 223.6 €.
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