3 Soaring Stocks I'd Buy Right Now With No Hesitation

Core Viewpoint - Despite a market downturn, certain stocks like MercadoLibre, Deckers, and Realty Income are performing well and present potential investment opportunities Group 1: MercadoLibre - MercadoLibre has shown consistent performance, achieving nearly 2,000% growth over the last decade and 42% revenue growth in Q2 [3][6] - The company has diversified into fintech, logistics, credit, and advertising, which has contributed to its growth [4][5] - Its focus on Latin America provides insulation from U.S. economic fluctuations, making it a good diversification option for investors [5] Group 2: Deckers - Deckers, owner of brands like Ugg and Hoka, has seen a revenue increase of 22% to $825 million in its fiscal first quarter, driven by a 30$70.7 million to $132.8 million [8] - Hoka's popularity offers significant growth potential, especially in light of recent weaknesses from larger competitors like Nike and Adidas [9] Group 3: Realty Income - Realty Income has gained approximately 15% while other stocks have declined, focusing on triple-net retail properties with recession-proof tenants [10][11] - The company offers a dividend yield of 5.2%, appealing to dividend investors, and pays monthly dividends [11][12] - Lower interest rates are expected to benefit Realty Income by easing borrowing costs for property acquisitions and reducing interest payments on existing debt [13]