PayPal, MercadoLibre, and Nvidia are strong picks for 2025, offering growth potential.
From Nasdaq: 2024-12-14 07:00:00
PayPal is a leader in the digital payments space, with a strong presence in the emerging market countries. The company continues to innovate and expand its services, making it a top pick for 2025. With a reasonable valuation and strong growth potential, PayPal is a solid addition to any portfolio. PayPal is on the rise under CEO Alex Chriss, with a 6% revenue increase in Q3. MercadoLibre saw a 100% revenue rise but dealt with bad debt. Nvidia remains a strong buy with an expected 51% revenue increase in 2025. Consider investing in Taiwan Semiconductor Manufacturing for potential high returns, as recommended by Stock Advisor. 1. The stock market saw a significant drop today, with the S&P 500 falling by 2% and the Dow Jones Industrial Average dropping by 500 points. Investors are concerned about rising inflation and interest rates impacting corporate profits.
2. A new study published in a medical journal found that the effectiveness of the Pfizer-BioNTech COVID-19 vaccine drops to 84% after six months. Researchers are recommending booster shots to maintain high levels of protection against the virus.
3. The United Nations reported that over 400,000 people in Ethiopia’s Tigray region are facing famine conditions, with millions more at risk of starvation. The ongoing conflict in the region has disrupted food supplies and humanitarian aid efforts.
4. In sports news, the Tokyo Olympics have officially begun, with athletes from around the world competing in various events. COVID-19 precautions are in place, including testing and limited spectators, to ensure the safety of participants and attendees.
5. The United States announced plans to withdraw all troops from Afghanistan by the end of August, ending a 20-year military presence in the country. The move comes as the Taliban continues to make territorial gains and violence escalates in the region.
Read more at Nasdaq: Here Are My Top 10 Stocks for 2025