Bull Market Tempts Investors, But Sustainable Strategies Better Path to Riches
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Investor optimism is high in the current bull market, but sustainable investing strategies are better paths to become a millionaire than betting on a single stock.
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Amazon's business model has transformed over the past 5 years to be more profitable, and if margins continue rising, earnings growth could propel the stock higher.
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MercadoLibre is growing revenue very fast across both its commerce and fintech divisions, margins are expanding, and valuation looks reasonable.
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DLocal provides payment infrastructure for emerging markets and has strong growth and profits, but the stock has flown under the radar presenting a buying opportunity.
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Rather than investing in just Amazon, the author recommends a portfolio approach with Amazon, MercadoLibre, and dLocal as strong stocks to buy now.