A stock market downturn can be unsettling, and it’s not fun to suddenly see your holdings worth a lot less than they were worth a few days ago.
One wonderful thing about market crashes is that they offer up lots of terrific companies trading at lower, more bargain-like prices.
Mercadolibre is the largest e-commerce and payments ecosystem in Latin America enabling users easier and better ways to pay and sell with the purpose of democratizing commerce and payments in the region.
With so much of our time spent online these days, digital advertising has become big business, and many companies can use some help getting their messages out digitally.
In its second quarter, revenue doubled year over year, with CEO and founder Jeff Green noting, “From a customer perspective, more of the world’s leading brands, and their agencies, joined our platform, or expanded their relationship with us.
Activision Blizzard has actually experienced its own personal market crash recently, as its stock took a beating recently, dropping double-digit percentages when management guided expectations lower for near-term performance, and warned that the company was experiencing production delays with some much-anticipated titles, Overwatch 2 and Diablo IV.
Today, over a million customers and more than a billion users in over 180 countries use the DocuSign Agreement Cloud to accelerate the process of doing business and to simplify people’s lives.” That’s right — more than a billion people in nearly every country have used its service.
The company’s customer base has been growing at an annual average rate of about 42% over the past few years, and customers who spend $300,000 or more have been growing at 45%.
Square just reported its third-quarter results, which didn’t meet expectations on all counts, but still offered ample impressive numbers: Gross profit was up 43% overall, while Cash App’s gross profit rose 33%.
Those are five of my holdings that I’m interested in adding to, should their price drop in a market crash.