The two cheap stocks on my watch list are Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI) as these two commerce giants are excelling but their stock prices don't reflect that progress. If you don't know Amazon and live in the U.S., you may have lived under a rock for the past decade. Amazon's e-commerce infrastructure has changed the way consumers shop, but it's much more than that.
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