Reported 7 months ago
The article discusses three soaring stocks that investors may want to consider buying despite their current strength. The first stock is MercadoLibre (NASDAQ: MELI), often called the Amazon of Latin America, which is well-positioned for growth in the e-commerce industry in South America. The second stock is DraftKings (NASDAQ: DKNG), a sports-betting company that is expected to see continued revenue and earnings growth due to state-level legalization of sports betting and customer profitability trends. Lastly, Walmart (NYSE: WMT) is highlighted for its recent strong performance, including revenue and earnings growth, making it a reliable and consistent investment option.
Source: YAHOO