2 Magnificent Stocks That I'm "Never" Selling
Sunday, Nov 17, 2024 4:23 am ET
3min read Investing in the stock market can be a challenging and unpredictable endeavor. However, some companies stand out due to their exceptional growth prospects, strong competitive advantages, and resilient business models. In this article, we will discuss two such companies that have earned their place in a "never sell" portfolio: Shopify (SHOP) and MercadoLibre (MELI).
Shopify, the e-commerce platform giant, has consistently demonstrated remarkable growth and innovation. The company's platform offers a highly customizable, no-coding-required solution for merchants to set up and operate online stores. This, coupled with a comprehensive ecosystem addressing merchants' ancillary needs, has driven Shopify's competitive advantage. Despite market fluctuations, the company has maintained consistent revenue growth, with 21% and 26% increases in 2022 and 2023, respectively.
Shopify's CEO, Toby Lütke, has stated an intent to build a "100-year company," focusing on a highly customizable, speedy e-commerce platform and addressing merchants' ancillary needs. This long-term vision has been instrumental in driving Shopify's growth and solidifying its position in the e-commerce landscape.
MercadoLibre, the leading e-commerce platform in Latin America, has shown remarkable resilience and anti-fragility in the face of challenging business environments. The company has successfully adapted to regulatory hurdles, high inflation, and political turmoil by offering innovative solutions like Mercado Pago and Mercado Envios. These services have not only enhanced MercadoLibre's core e-commerce business but also created new revenue streams, contributing to its impressive 37% and 49% revenue growth in 2023 and 2022, respectively.
MercadoLibre's CEO, Marcos Galperín, has led the company to thrive in Latin America's challenging business environment by embracing its anti-fragility. This approach has resulted in a stock that has grown 87-fold since its IPO in 2007, making it an attractive long-term investment.
Both Shopify and MercadoLibre have demonstrated exceptional long-term growth potential, making them strong candidates for a "never sell" portfolio. Their ability to adapt, innovate, and create comprehensive solutions for their respective markets has driven consistent revenue growth and solidified their competitive positions.
In conclusion, Shopify and MercadoLibre have earned their places in a "never sell" portfolio due to their remarkable growth, innovative strategies, and resilient business models. Investors seeking long-term growth and sustainability should consider these two magnificent stocks as core holdings in their portfolios.
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Shopify, the e-commerce platform giant, has consistently demonstrated remarkable growth and innovation. The company's platform offers a highly customizable, no-coding-required solution for merchants to set up and operate online stores. This, coupled with a comprehensive ecosystem addressing merchants' ancillary needs, has driven Shopify's competitive advantage. Despite market fluctuations, the company has maintained consistent revenue growth, with 21% and 26% increases in 2022 and 2023, respectively.
Shopify's CEO, Toby Lütke, has stated an intent to build a "100-year company," focusing on a highly customizable, speedy e-commerce platform and addressing merchants' ancillary needs. This long-term vision has been instrumental in driving Shopify's growth and solidifying its position in the e-commerce landscape.
MercadoLibre, the leading e-commerce platform in Latin America, has shown remarkable resilience and anti-fragility in the face of challenging business environments. The company has successfully adapted to regulatory hurdles, high inflation, and political turmoil by offering innovative solutions like Mercado Pago and Mercado Envios. These services have not only enhanced MercadoLibre's core e-commerce business but also created new revenue streams, contributing to its impressive 37% and 49% revenue growth in 2023 and 2022, respectively.
MercadoLibre's CEO, Marcos Galperín, has led the company to thrive in Latin America's challenging business environment by embracing its anti-fragility. This approach has resulted in a stock that has grown 87-fold since its IPO in 2007, making it an attractive long-term investment.
SHOP Total Revenue YoY, Total Revenue
Both Shopify and MercadoLibre have demonstrated exceptional long-term growth potential, making them strong candidates for a "never sell" portfolio. Their ability to adapt, innovate, and create comprehensive solutions for their respective markets has driven consistent revenue growth and solidified their competitive positions.
In conclusion, Shopify and MercadoLibre have earned their places in a "never sell" portfolio due to their remarkable growth, innovative strategies, and resilient business models. Investors seeking long-term growth and sustainability should consider these two magnificent stocks as core holdings in their portfolios.
Word count: 599
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