The Ultimate Growth Stock to Buy With $1,000 Right Now

In a strong bull market, investors benefit from great growth stocks that lead the charge. However, these days, the value of the S&P 500 (SNPINDEX: ^GSPC) largely falls into a handful of stocks that have become so big that, to some degree, they dictate what's referred to as "the market."That could mean many different things. One of them is that there are some great, smaller stocks out there that are growing much faster than the S&P 500, and investors won't really notice them because they are subsumed by a market, or several large stocks, that are so much bigger. You need to hunt a bit to find them, but it's worth it.MercadoLibre (NASDAQ: MELI) is one such stock. It will never show up on the S&P 500 because it's not a U.S. stock. It's much smaller than the "Magnificent Seven" stocks and most of the largest stocks on the market, with $119 billion in market cap. But it's growing quickly and crushing the market, and it's the ultimate growth stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool