2 Red-Hot Growth Stocks to Buy in 2026

2 Red-Hot Growth Stocks to Buy in 2026
2 Red-Hot Growth Stocks to Buy in 2026

What is a growth stock? You may think it’s a stock whose price is skyrocketing. However, the smarter definition that will lead to better long-term returns for your portfolio is to think of a growth stock as a stock that represents a business That’s firing on all cylinders, regardless of where the share price is trading.

In fact, the best buying opportunities among growth stocks may come to you when a stock’s price is down, but the underlying business is experiencing accelerated growth. Here are two hot growth stocks that fit this criteria and should be great buys for your portfolio in 2026.

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One of the fastest growing big tech companies in the world is MercadoLibre (NASDAQ: MELI). The company is one of the leading e-commerce and fintech providers in Latin American countries such as Mexico and Brazil, leading the way with its combined payment tools and online shopping portal.

Last quarter, the company reported another round of breakneck growth. Net revenue grew 47% year-over-year in constant currency, reaching more than $25 billion by the full year 2025. Commerce revenue grew 40%, while fintech revenue grew 51% year-over-year, underscoring how these two product categories reinforce each other in countries like Argentina, which is experiencing an economic recovery after a period of hyperinflation.

In the long term, there is an immense opportunity for MercadoLibre to grow both sides of its business. The penetration of electronic commerce is much lower in Latin America than in more developed countries, which gives the business enormous runway to continue growing. Wall Street is upset that investments are being made that will sacrifice profits in the short term, but will lead to a much larger MercadoLibre business within a decade.

The second hot growth stock has been brutally beaten by the market: Wix.com (NASDAQ:WIX). Wix is ​​a website builder that is caught in the software stock crisis due to fears of disruption from artificial intelligence (AI).

Investors believe Wix will be displaced by AI coding agents that will create websites for people. It’s hard to believe this will be the case, given Wix’s current business and customers. Firstly, Wix is ​​already a platform that allows you to create a website without any coding, which is what AI is theoretically going to replace. Second, Wix customers are individual contractors and small businesses, like restaurants, who aren’t exactly looking to add cutting-edge software tools every day.

The risk of disruption is greatly exaggerated and Wix is ​​already preparing for more intense competition. Acquired Base44, a vibration coding app maker that went from $0 in revenue when it was purchased in June to more than $50 million in annual recurring revenue by the end of 2025. This hyper-growth asset could help accelerate revenue in 2026.

With Wix stock trading down 82% from its all-time highs, now could be a good time to buy this stock, which is accelerating revenue growth.

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Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has positions and recommends MercadoLibre and Wix.com. The Motley Fool has a disclosure policy.

Two Hot Growth Stocks to Buy in 2026 was originally published by The Motley Fool

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