Prediction: These 2 Stocks Will Outperform the Market in the Next Decade

Despite some challenges, broader equities have posted decent performances this year. MercadoLibre (NASDAQ: MELI) and Uber Technologies (NYSE: UBER) are two stocks that have performed even better than the market over the past seven months. As impressive as that may be, long-term investors will want to know whether these two companies can maintain that momentum over the long run.My view is that they can, and here is why.MercadoLibre is a leader in two rapidly growing industries: e-commerce and fintech. The company operates the largest online marketplace in Latin America where it has so far successfully fended off competition from major companies, including Amazon. MercadoLibre generates strong and growing revenue and profits. In the second quarter, the company's net revenue increased 34% year over year to $6.8 billion. The company's net income of $523 million declined slightly, partly due to currency-exchange rate fluctuations.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool