Philippe Laffont’s Coatue Management curates the Fantastic 40 Growth & Innovation Index, suggesting significant upside in Arm and MercadoLibre. Arm, a Nvidia-backed semiconductor company, focuses on data centers in the AI space. MercadoLibre, a Latin American e-commerce giant, follows Amazon’s model and has a thriving ecosystem. Coatue predicts Arm will be worth $787 billion by 2030 and MercadoLibre $300 billion. Arm has shown growth in data centers, while MercadoLibre’s online marketplace dominates Latin America. Wall Street expects Arm’s earnings to increase by 23% annually, indicating potential value and opportunity for investors. MercadoLibre is expected to see 32% annual earnings growth over the next three years, making its current valuation look reasonable. Invest in Arm Holdings and MercadoLibre for long-term growth potential.

Read more at Nasdaq: 2 Monster Growth Stocks (1 Backed by Nvidia) to Buy Before They Soar 150% and 430%, According to a Wall Street Expert