5 Canadian Stocks to Buy and Hold Forever in Your TFSA [Yahoo! Finance Canada]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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US:NASDAQ Investor Relations:
investor.mercadolibre.com/investor-relations
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Source: Yahoo! Finance Canada
Several growth and dividend stocks with strong fundamentals and secular growth trends are trading near their lows. It is an opportunity to pick up these value buys and hold them forever in your Tax-Free Savings Account (TFSA). They could double your money in the medium term or grow it 10-fold in the long term, turning $7,000 into $70,000. Growth stocks near their 52-week low Magna International TSX:MG ) and BlackBerry TSX:BB ) stocks are trading closer to their 52-week low. While the business and economic conditions have not been favourable for the two in the last few years, their secular growth trends remain unaffected. ADVERTISEMENT The auto components maker Magna has been expanding in major automotive markets to tap the electric vehicle (EV) trend. However, supply chain bottlenecks and the reduced buying power of consumers have postponed EV growth. The company is optimistic about three megatrends: electrification, battery enclosures, and active safety. As these are new l
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MELI
News
- If You Started Investing Today, When Could You Retire? [Yahoo! Finance Canada]Yahoo! Finance Canada
- You May Regret Buying This High-Yield Stock: 2 Better Dividend Stocks to Buy Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2 Trend-Based ETFs Set to Soar Over the Next Decade [Yahoo! Finance Canada]Yahoo! Finance Canada
- This Dividend Has Been Growing Every Year, 50 Years Strong [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Smartest TSX ETF to Buy With $1,000 Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
MELI
Earnings
- 5/2/24 - Beat
MELI
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/25/24 - Form DEFA14A
- MELI's page on the SEC website