In the current uncertain market environment, MercadoLibre, Amazon, and Ferrari stand out as solid investment options.
Despite the unpredictable tariffs from the Trump administration, ongoing trade conflicts, geopolitical tensions, and other economic challenges that are shaking investor confidence, now may be a favorable time to buy stocks. Renowned investor Warren Buffett advises that one should “be greedy only when others are fearful.”
As hesitant investors remain on the sidelines, this could be an opportune moment to invest in some long-term growth stocks. Here are three of my top picks: MercadoLibre (MELI 0.64%), Amazon (AMZN -0.31%), and Ferrari (RACE 0.00%).
1. MercadoLibre
I began investing in MercadoLibre, the leading e-commerce platform in Latin America, over four years ago. Since then, my investment has more than doubled in value, and I believe it still has significant growth potential.
Operating in 19 countries throughout Latin America, MercadoLibre is based in Uruguay with a strong customer base in Argentina, Brazil, and Mexico. It also boasts one of the largest fintech platforms in the region, featuring Mercado Pago for digital payments and Mercado Crédito for credit services. The company has established an advantageous logistics network, allowing it to outpace competitors in less developed areas of Latin America.
2. Amazon
I purchased my first shares of Amazon nine years ago, and that investment has seen growth of over 550%, making it the largest position in my portfolio. Nonetheless, I believe it remains a strong stock to continue investing in due to its flourishing e-commerce and cloud services.
With online marketplaces in over 20 countries and shipping to more than 100, Amazon has more than 220 million Prime subscribers globally. Moreover, it leads the world in cloud infrastructure with Amazon Web Services (AWS). While its retail business generates most revenue, it’s the profitability from AWS that supports expanding lower-margin retail operations.
3. Ferrari
I first invested in Ferrari three years ago, and my investment has risen by approximately 130%. As with MercadoLibre and Amazon, I believe that acquiring more shares makes more sense than selling, given that it operates one of the finest businesses globally.
Ferrari appeals to high-net-worth individuals who are less likely to be affected by economic downturns, providing it with strong pricing power while producing vehicles in small quantities. The company delivered only 13,752 vehicles in 2024, which keeps its products exclusive and helps mitigate supply chain issues.
By the end of 2024, Ferrari had solid production orders extending into 2026, indicating a healthy backlog and consistent demand. Analysts anticipate revenue and earnings per share (EPS) increases at compound annual growth rates (CAGRs) of 8% and 10%, respectively, from 2024 to 2027. Although the stock may seem expensive at 47 times projected earnings, its stable business model and loyal clientele warrant this higher valuation.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Leo Sun has positions in Amazon, Ferrari, and MercadoLibre. The Motley Fool has positions in and recommends Amazon and MercadoLibre. The Motley Fool has a disclosure policy.
