3 Best Growth Stocks to Buy This Week, According to Analysts

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One way to identify these stocks is through their past revenue or earnings growth. Today, we have shortlisted stocks whose revenue has grown at a five-year CAGR of more than 5%. Along with this, we have zeroed in on stocks that have received a “Strong Buy” rating from Wall Street analysts.

1. MercadoLibre (MELI)

MercadoLibre’s growth outlook remains strong as the company keeps expanding across e‑commerce, digital payments, and credit in Latin America. Its marketplace continues to gain share, and its logistics network is helping boost delivery speed and user loyalty. With rising adoption of online shopping and digital finance in the region, analysts see steady revenue and profit growth.

It must be noted that the company’s revenue has grown at a five-year CAGR of 32.52%. Importantly, TipRanks AI Analyst expects MELI’s revenue to grow by 18.61%, compared with the Consumer Cyclical sector’s average of 1.52%.