Inflation is running hot around the world. For instance, while U.S. inflation hit 8.6% in May, many countries in Europe and Southeast Asia have seen prices rise to a lesser extent. With that in mind, Adyen (OTC: ADYE.Y) and Sea Limited (NYSE: SE) offer heavy exposure to Europe and Southeast Asia, respectively, and both stocks are worth buying now and holding for the long term.
MercadoLibre (NASDAQ: MELI) was one of the hottest stocks during the worst of the pandemic, hitting an all-time high of $1,984 on Jan. 20, 2021. Can MercadoLibre rebound amid such poor macro-economic conditions? Here are two reasons you can look for a big-time bounce back in MercadoLibre's stock now.
The cloud services industry is dominated by trillion-dollar giants like Amazon and Microsoft, but DigitalOcean (NYSE: DOCN) has found an edge by focusing on small to mid-sized business customers with under 500 employees. It's a segment of the market that larger players pay less attention to, but DigitalOcean is catering to their needs on price, service, and ease of use. DigitalOcean now serves 623,000 customers, and over the last 12 months, it has generated $462 million in revenue, a 36% jump year over year.