5 Stocks with Consistent Growth to Buy Right Now

2. MercadoLibre, Inc. (NASDAQ:MELI)

MercadoLibre, Inc. (NASDAQ:MELI) earns a place on our list of 13 stocks with consistent growth to buy right now.

As of March 11, 2026, almost all of the covering analysts maintain bullish ratings for MercadoLibre, Inc. (NASDAQ:MELI). With a consensus price target of $2,650.00, the stock boasts an upside potential of approximately 60%.

On March 9, 2026, while keeping an “Overweight” rating, Morgan Stanley analyst Andrew Ruben reduced the firm’s price target for MercadoLibre (NASDAQ:MELI) from $2,800 to $2,600. The change comes after talks with the company’s CFO, who stated that ongoing investments are enhancing the platform’s user experience and fostering expansion. According to the CFO, the company’s investments are expected to result in long-term operating leverage. With these investments anticipated to persist, the firm trimmed its 2026 and 2027 EBIT estimates by 14%.

A fresher update came from JPMorgan on March 12, 2026, when analysts at the firm noted that competition surrounding the company remains heightened, as Shopee remains willing to compromise profitability in Brazil. Furthermore, they believe consensus estimates may continue experiencing revisions, as long as MercadoLibre (NASDAQ:MELI) maintains its investment levels at a high level. Currently, the firm projects a 15% downside to consensus 2026 EBIT estimates.

MercadoLibre (NASDAQ:MELI) operates a prominent Latin American e-commerce ecosystem, offering online marketplaces, digital payments, logistics, advertising, and financial services across Brazil, Argentina, Mexico, and several other countries.