Predictions for Two Growth Stocks to Reach $1 Trillion Valuation by 2040

Reported 2 months ago

This article forecasts that Shopify and MercadoLibre, both currently valued under $100 billion, will achieve a market capitalization of $1 trillion by 2040. Shopify is expected to grow at an annual rate of 19%, leveraging its comprehensive e-commerce platform, while MercadoLibre is projected to grow 18% annually as it dominates the Latin American e-commerce market. Both companies' strategies and the economic landscape suggest they have the potential to join the ranks of tech giants like Nvidia, Apple, and Microsoft.

Source: YAHOO

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