MercadoLibre and Netflix have seen impressive gains this year, up 34% and 35% respectively. MercadoLibre’s revenue grew by 34% in Q2 to $6.8 billion, with net income at $523 million. The company’s ecosystem is expanding, with strong financial results and a solid moat. Netflix’s revenue increased by 15.9% year over year to $11.1 billion in Q2, with earnings per share up 47.3% to $7.19. The company’s success is attributed to its content strategy and brand power. Both companies show potential for long-term growth and could deliver market-beating returns in the future.
Read more at Yahoo Finance: 2 Stocks That Are Crushing the Market This Year But Have More Room to Run
