From Nasdaq:

1. S&P 500 hits new highs, proving the long-term rewards of holding shares of growing companies. Three stock picks for long-term investors: MercadoLibre, Airbnb, Amazon. MercadoLibre is a leading e-commerce company in Latin America with accelerated revenue growth and improving profit margins. Airbnb reports 17% year-over-year increase in revenue to $2.22 billion and expands its supply at a brisk pace. Amazon sees sales increase 12% for the full year to $575 billion, with core e-commerce back in action and advertising as its fastest-growing segment. Overall, these stocks are poised for long-term growth and investment.

2. MercadoLibre is a strong long-term investment, with a $1,000 investment 10 years ago now worth over $17,000 due to accelerating revenue growth from e-commerce penetration in Latin America. The company is starting to show an improving profit margin, with $685 million in operating income in the third quarter. Investors can expect the stock to deliver wealth-building returns in the years to come.

3. Airbnb has reported a 17% year-over-year increase in revenue to $2.22 billion, adapting its business model to satisfy most complaints it has faced. The company is growing its supply, taming regulatory threats, and promising to expand beyond the core this year, which could give the stock a jolt as the business builds momentum. Despite past controversies, Airbnb is experiencing significant growth and adapting to meet market needs.

4. Amazon has experienced incredible progress, with sales increasing by 14% year over year in the 2023 fourth quarter to $170 billion. The company reported $30 billion in net income in 2023, demonstrating its continued growth and success. Core e-commerce, AWS, and advertising are key drivers for Amazon’s growth, making it one of the greatest investments of all time. With a 70% stock increase over the past year, Amazon has plenty of growth drivers to keep growing and gaining.



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