This Growth Stock Could Be the Best Investment of the Decade

MercadoLibre still offers plenty of growth at a reasonable valuation.

Apr 12, 2025 - 08:41
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This Growth Stock Could Be the Best Investment of the Decade

Many growth stocks plummeted recently as the Trump administration's "Liberation Day" tariffs sparked fears of intensifying trade wars and a global recession. But as many investors scramble toward more conservative plays in this sellers' market, it might be the perfect time to take a contrarian view and seek out some bargains.

I believe one of those undervalued growth plays is MercadoLibre (NASDAQ: MELI), the largest e-commerce company in Latin America. Its stock has already rallied nearly 250% over the past five years, but I think it could surge even higher over the next five years and eventually be crowned as one of the best investments of the 2020s for three simple reasons.

Image source: Getty Images.

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