Forget the AI Hype: 2 International "Wide Moat" Stocks You Can Buy Now and Hold Forever
These businesses are growing quickly and have fantastic business models.
Forget the AI Hype: 2 International "Wide Moat" Stocks You Can Buy Now and Hold Forever
Overview
With stocks soaring in the United States, it feels harder and harder to find quality companies trading at reasonable prices. In times like these, smart investors can look abroad for new, promising opportunities. Nu Holdings (NYSE: NU) and MercadoLibre (NASDAQ: MELI) are two such stocks that are dominating their respective sectors in Latin America, banking and e-commerce.
Here's why these "wide moat" stocks are for investors trying to buy high-quality stocks while also avoiding the artificial intelligence (AI) hype.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
