2 Top Growth Stocks to Buy Right Now Without Hesitation

Source Motley_fool

Key Points

  • MercadoLibre is heavily investing in its growth story.

  • Eli Lilly isn't resting on its laurels with its GLP-1 success.

  • These growth stocks have plenty of runway left.

  • 10 stocks we like better than Eli Lilly ›

If you're investing in the current market, it's a good idea to focus on businesses balancing the momentum of digital transformation with the stability of essential real-world services. There are plenty of companies delivering profitability and business growth that fit this bill and can reward investors in the long run, but separating the wheat from the chaff can be stressful.

On that note, here are two top growth stocks that you might want to add to your portfolio the next time you go stock shopping.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

A smiling person looking at a phone

Image source: Getty Images.

1. MercadoLibre

MercadoLibre (NASDAQ: MELI) operates a powerful multi-engine system that dominates e-commerce and financial services across Latin America. While it's known for its regional retail marketplace, its fintech division, Mercado Pago, has transformed into a crucial daily banking and payment utility for millions of historically unbanked consumers.

This allows the company to efficiently capture consumer dollars across both retail transactions and digital banking services. Its primary advantage is its extensive proprietary logistics and shipping network, which handles the vast majority of its deliveries throughout Latin America.

By controlling the entire system from checkout to doorstep delivery and payment processing, the company creates an unmatched barrier to entry for international competitors. As the digital economy matures across major underpenetrated markets like Brazil and Mexico, MercadoLibre's self-reinforcing network effects position it to capture escalating consumer spending.

Right now, MercadoLibre is in a costly race to maintain its market dominance against aggressively expanding competitors like Amazon, Shein, and Temu, the latter of which is owned by PDD Holdings. To defend its turf, the company is spending heavily on logistics, fulfillment, and free-shipping thresholds. Broader economic concerns (such as rising 10-year Treasury yields) have simultaneously reduced the present value of future earnings for many growth-focused tech and e-commerce companies.

However, MercadoLibre's heavy up-front reinvestment can help it cement its unrivaled logistics network across Latin America. That makes the current dip look like a compelling buying opportunity for long-term investors aiming to capture the region's undisputed e-commerce leader at a discount.

2. Eli Lilly

Eli Lilly (NYSE: LLY) is leading a major healthcare transformation driven by unprecedented global demand for its breakthrough metabolic treatments Mounjaro and Zepbound. The company has capitalized on a generational expansion in the diabetes and weight loss markets. Eli Lilly also maintains a diverse, high-value clinical pipeline with late-stage assets targeting major areas in oncology, immunology, and Alzheimer's disease.

The company's GLP-1 business, driven by its pair of blockbuster drugs, account for roughly two-thirds of the company's revenue and have pushed full-year forecasts to between $82 billion and $85 billion. The company has overtaken Novo Nordisk in international market share, a position strengthened by its newly approved oral weight-loss pill Foundayo.

The company also recently reported positive phase 3 results for retatrutide, an experimental once-weekly injection that targets multiple hormone receptors to drive even greater weight loss. A major milestone for broader adoption began as Medicare obesity coverage was launched through the Medicare GLP-1 Bridge program, providing eligible patients with access for $50 a month.

Eli Lilly is actively expanding employer-sponsored coverage to ensure wider access to its GLP-1 medications, and to meet soaring demand, it is pouring another $4.5 billion into its Lebanon, Indiana, manufacturing facility. The company is also using its GLP-1 profits wisely and has announced 10 acquisitions in 2026 alone, including infectious disease and vaccine developers and cancer biotechs.

Lilly even struck a wearable-tech partnership with Oura Ring through its prescription platform to help patients track biometric progress while on GLP-1 therapies. The stock has had an incredible run-up over the last few years, but investors who want to capitalize on this healthcare growth story might want to consider taking a slice of the action now.

Should you buy stock in Eli Lilly right now?

Before you buy stock in Eli Lilly, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Eli Lilly wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $398,052!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,181,688!*

Now, it’s worth noting Stock Advisor’s total average return is 892% — a market-crushing outperformance compared to 205% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of June 29, 2026.

Rachel Warren has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Eli Lilly, and MercadoLibre. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Broadcom Sales Miss Sparks Profit-Taking Rout in Asian AI and Chip StocksAsian semiconductor and artificial intelligence shares tumbled after Broadcom’s mixed quarterly results and flat sales guidance triggered widespread profit-taking, exposing the tech sector’s vulnerability following a massive May rally.
Author  Mitrade Team
6 Month 04 Day Thu
Asian semiconductor and artificial intelligence shares tumbled after Broadcom’s mixed quarterly results and flat sales guidance triggered widespread profit-taking, exposing the tech sector’s vulnerability following a massive May rally.
placeholder
Iran Missile Strikes Trigger Oil Surge as Middle East Ceasefire CollapsesOil prices jumped over 2% in Asian trade after Iran launched retaliatory missile strikes against Israel, threatening the Strait of Hormuz and erasing hopes for a lasting ceasefire.
Author  Mitrade Team
6 Month 08 Day Mon
Oil prices jumped over 2% in Asian trade after Iran launched retaliatory missile strikes against Israel, threatening the Strait of Hormuz and erasing hopes for a lasting ceasefire.
placeholder
OPEC+ Deepens Production Hikes as Hormuz Bottlenecks Stifle Actual SupplyOPEC+ core members will lift July oil quotas by 188,000 barrels per day, but geopolitical shipping constraints and the UAE’s exit keep actual global crude supplies tight.
Author  Mitrade Team
6 Month 08 Day Mon
OPEC+ core members will lift July oil quotas by 188,000 barrels per day, but geopolitical shipping constraints and the UAE’s exit keep actual global crude supplies tight.
placeholder
US Attacks Iran Amid the “Ceasefire”: Bitcoin, Gold, and Oil ReactThe United States launched strikes against Iran on Tuesday after a US Apache helicopter was downed over the Strait of Hormuz, breaking the fragile ceasefire previously announced by President Donald Tr
Author  Mitrade Team
6 Month 10 Day Wed
The United States launched strikes against Iran on Tuesday after a US Apache helicopter was downed over the Strait of Hormuz, breaking the fragile ceasefire previously announced by President Donald Tr
placeholder
WTI steadies around $87.50 despite renewed supply concernsWest Texas Intermediate (WTI) oil price experiences volatility after registering over 2.5% losses in the previous day, trading around $87.40 per barrel during the Asian hours on Wednesday.
Author  Mitrade Team
6 Month 10 Day Wed
West Texas Intermediate (WTI) oil price experiences volatility after registering over 2.5% losses in the previous day, trading around $87.40 per barrel during the Asian hours on Wednesday.
goTop
quote