Want $1 Million in Retirement? 3 Stocks to Buy Now And Hold for Decades. [Yahoo! Finance]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Yahoo! Finance
If you do those things the right way, you should have something tasty. Similarly, if you invest in the right mixture of stocks and wait long enough to allow them to grow, you can end up with a sizable portfolio. In both baking and investing, the quality of your outcome depends heavily on the ingredients you use and an adequate amount of time. Want $1 million in retirement? Here are three stocks to buy now and hold for decades. 1. Amazon Two qualities make it much more likely a stock will be a big winner over the long run. First, it should have a strong moat . Second, it should have optionality (multiple ways to grow). Amazon (NASDAQ: AMZN) has both qualities in spades. Arguably the biggest moat for Amazon is its network effect: The more customers and vendors use its e-commerce platform, the more valuable its platform becomes. However, that isn't Amazon's only moat. Its brand is a gold mine all by itself. Amazon enjoys economies of scale throughout its operations. And there are
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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