5 Stocks That Will Double in the Next 5 Years

In this piece we will look at the 5 Stocks That Will Double in the Next 5 Years. Please visit 14 Stocks That Will Double in the Next 5 Years if you’d like to see an extended list and how we came up with the list of Stocks That Will Double in the Next 5 Years.

​5. MercadoLibre, Inc. (NASDAQ:MELI)

EPS Growth This Year: 22.86%

EPS Growth Next 5 Years: 33.60%

Number of Hedge Fund Holders: 113

​MercadoLibre, Inc. (NASDAQ:MELI) is among the Stocks That Will Double in the Next 5 Years.

​On April 7, Alexander Wright from Jefferies upgraded MercadoLibre, Inc. (NASDAQ:MELI) from Hold to Buy, but lowered the price target from $2,800 to $2,600. The firm noted that the earnings downgrades due to compressing margins have sent the valuation of the company to historic lows. However, the increased investment is coming out as a strong revenue growth driver.

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​In separate news, on April 10, BTIG reiterated a Buy rating on the stock with a price target of $2,400. The firm noted updating its valuation model to reflect recent macroeconomic factors, including foreign exchange rates, energy prices, and retail spending trends. BTIG kept its full-year 2026 operating income estimate steady at around $3.6 billion while anticipating a $120 million shortfall in first-half 2026 operating income. It also increased first-quarter 2026 loan loss provisions due to expected robust new credit card issuance.

​MercadoLibre, Inc. (NASDAQ:MELI) runs online commerce platforms. It operates Mercado Pago and Mercado Libre Marketplace. The company also offers  Mercado Fondo, Mercado Envios, and Mercado Credito. MercadoLibre was founded in 1999 and is based in Montevideo, Uruguay.