From Nasdaq:

Investing in growth stocks can make you richer. Three unstoppable stocks to consider for 2024 are Amazon (NASDAQ: AMZN), MercadoLibre (NASDAQ: MELI), and Vertex Pharmaceuticals (NASDAQ: VRTX). Amazon saw huge gains in 2023 due to improved profitability and surging interest in generative AI. MercadoLibre, known as the “Amazon of Latin America,” soared in 2023 and is a leader in e-commerce and fintech in the region. Despite being the worst performer of the three in 2023, Vertex Pharmaceuticals still rose by 41% with potential for more growth this year. They are now focusing on Casgevy, a gene-editing therapy, and two new products, while also launching inaxaplin as a treatment for APOL1-mediated kidney disease (AMKD).

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Keith Speights, the author, has positions in Amazon, MercadoLibre, and Vertex Pharmaceuticals. The Motley Fool has positions in and recommends Amazon, Goldman Sachs Group, MercadoLibre, and Vertex Pharmaceuticals.



Read more: 3 Unstoppable Growth Stocks That Can Make You Richer in 2024