Amazon (NASDAQ: AMZN) continues to dominate the U.S. e-commerce market with a market share of approximately 40%, supported by its Amazon Web Services (AWS) segment, which generates about two-thirds of the company’s operating income. In August, Amazon.com recorded 3.23 billion visits, showcasing its strong consumer engagement as e-commerce accounts for only 16% of total U.S. retail sales, indicating significant growth potential.
MercadoLibre (NASDAQ: MELI), often called the “Amazon of Latin America,” facilitated $12.6 billion in sales during Q2 2023 and processed $46.3 billion in remittances. Its year-over-year top-line growth reached 42%, driven by the rapid expansion of Latin America’s e-commerce market, projected to grow from $180 billion this year to over $260 billion by 2028, attributed to increased broadband access and smartphone usage.
PepsiCo (NASDAQ: PEP) maintains a 52-year streak of annual dividend growth, with dividends helping investors achieve significant returns. A $10,000 investment in 1984 would amount to nearly $1.7 million today, highlighting its capability as a growth stock. PepsiCo’s strong control over its bottling operations allows it to optimize production and revenue generation, offering a competitive edge over rivals like Coca-Cola.
