Cathie Wood seems to always be making moves in the market. The founder and CEO of Ark Invest posts her trades at the end of each trading day, and that gives us all a great way to track one of the most followed growth investors. He’s had some tough years along the way, but his…
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…
MercadoLibre (NASDAQ: MELI) The “Latin Amazon.com” stock rose almost 5% in early trading on Thursday before reversing and losing almost all of its gains. (As of 11:30 a.m. ET, MercadoLibre is up only about 0.5%). It’s no secret why MercadoLibre exploded: Wall Street analyst Marcelo Santos of JPMorgan Chase upgraded the stock to “overweight” this…
On January 29, Coronation Fund Managers revealed a purchase of MercadoLibre (NASDAQ:MELI)adding 53,352 shares in an estimated transaction of $112.06 million based on the quarterly average price. According to a Jan. 29 SEC filing, Coronation Fund Managers increased its stake in MercadoLibre (NASDAQ:MELI) for 53,352 shares during the fourth quarter. The estimated value of the…
Starbucks’ recent woes are largely due to waning relevance, but one coffee shop in particular is poised to capitalize on this cultural shift. The Latin American Amazon has been unpopular lately. But to get long-term returns like Amazon, you have to suffer short-term pain like Amazon. Netflix’s place as a dominant name in the streaming…
