Costco has been reporting increasing membership and sales despite retail pressure. MercadoLibre is 25 years old but has been reporting growth rates like it's a young start-up.
Latin American juggernaut MercadoLibre has transformed e-commerce and fintech in the region. E-commerce platform Shopify continues to bring more companies of all sizes into its ecosystem.
Costco's results are consistently impressive, and an upcoming membership price increase will only help. MercadoLibre just posted another stellar quarter, proving it's the leader in its space.
These growth stocks are leading in their respective markets. Vertex Pharmaceuticals is the dominant force in the cystic fibrosis treatment industry, but it is in the midst of a multiyear period during which it's targeting multiple blockbuster launches.
The Nasdaq Composite Index slipped into a correction last week. Three Nasdaq stocks have especially strong growth prospects.
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