These top e-commerce companies are consistently reporting high growth.
Investors can find success in the stock market by sticking with companies that consistently report strong growth in revenues. This is a simple strategy that, when applied across a diversified portfolio of growth stocks , can lead to outstanding returns over a decade or more.
The important thing is to follow the growth of the business, not the short-term volatility in the share price. There's a high correlation between a company's growth and stock performance over many years.
With that in mind, let's look at two stocks that could be easy wealth builders for a long-term investor.
1. MercadoLibre
The Latin American e-commerce market is booming. It is a large population surpassing 650 million people, which is fueli