From Nasdaq: 2024-05-17 13:15:00

Emerging markets are economies experiencing significant growth and transitioning towards development. Investors are now shifting towards these markets, with the iShares MSCI Emerging Markets ETF (EEM) up 9.2% in the past month.

Jumia (JMIA) is Africa’s leading e-commerce platform, with diverse offerings like electronics and beauty products. As Africa’s GDP is predicted to rise, Jumia stands to benefit from the region’s untapped e-commerce potential.

A research chief names a top stock pick with explosive growth potential, targeting millennial and Gen Z audiences. With nearly $1 billion in revenue last quarter, this stock presents a valuable opportunity for investors looking to capitalize on the company’s upward trajectory.



Read more at Nasdaq: Emerging Markets are Back: How to Tap into the Growth