Summary: Consider investing in internet growth stocks MercadoLibre and Amazon for long-term potential.

From Nasdaq: 2024-09-22 04:23:00

The internet, only about 30 years old, has drastically changed our way of life, impacting entertainment, finance, and commerce. Two internet growth stocks worth considering are MercadoLibre (MELI) and Amazon (AMZN). MercadoLibre generated over $7.5 billion in Brazil last year and offers payment services through Mercado Pago. Analysts expect its sales to reach nearly $25 billion by 2025. Amazon, with a massive logistical network, sees its sales continuing to rise, with estimates projecting $634 billion in sales by 2025. Consider investing in these internet giants for long-term growth potential.



Read more at Nasdaq: 2 Millionaire-Maker Internet Growth Stocks