From NASDAQ:

Investor optimism is high as the market enters a new bull market, but the path to becoming a millionaire is through sustainable investing. Instead of stock-picking, focus on investing a set amount monthly and choosing a few stocks with strong potential. This approach provides better chances of success through all types of market conditions.

Amazon is a company that has dramatically evolved from an e-commerce platform to an e-commerce service company with expanding services that bring in more revenue than its online stores. Its margins have reached all-time high levels, and if Amazon continues to grow, its earning growth will propel the stock higher and crush the market. This makes Amazon a good long-term investment.

MercadoLibre, often referred to as the “Amazon of Latin America,” offers strong revenue growth and robust customer base. It is still traded below a decade-long average valuation, which makes it a bargain. With its growth and reasonable price, MercadoLibre could be a solid buy at the moment.

dLocal has set up payment infrastructure in emerging market countries, which allows companies like Amazon, Shopify, Nike, and more to sell in these countries more easily. Its stock is under the radar, even though its revenue increased 47% to $164 million in the third quarter and it generated $40.4 million in profits.

Reaching countries in emerging markets is a goal for many businesses, and dLocal has set up payment infrastructure in many emerging market countries. This has led to strong growth, profitability, and the company being undervalued. As a result, buying dLocal stock could be a great way to accelerate your path to becoming a millionaire.

John Mackey, former CEO of Whole Foods Market and an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Keithen Drury has positions in Amazon, DLocal, MercadoLibre, and Shopify. The Motley Fool has positions in and recommends Amazon, MercadoLibre, Nike, and Shopify. The Motley Fool recommends options on Nike.



Read more: 3 Bull Market Buys That Could Help You Become a Millionaire