Stan Wong MercadoLibre MELI-Q TOP PICK May 07, 2025

We reiterate this e-commerce company, based in Buenos Aires, provider of online retail services in Latin America.  It has 85 million unique customers using its services.  We like that cash reserves are growing, while debt is aggressively retired and shares are bought back.  We continue to recommend a stop at $1300, looking to achieve $1920 — upside potential of 30%.  Yield 0%

We again reiterate this Latin American e-commerce company as a TOP PICK.  Its investment in Brazil is growing over $4 billion this year and the company intends to hire 11,000 new workers there to keep up with demand.  Recently reported earnings showed a 71% increase in profits.  Cash reserves are growing, while debt is aggressively retired and shares bought back.  We recommend trailing up the stop (from $1300) to $1450, looking to achieve $2000 -- upside potential of 25%.  Yield 0% 

Our PAST TOP PICK with MELI is progressing well.  To remain disciplined, we recommend trailing up the stop (from $1450) to $1550 at this time. 

Our PAST TOP PICK with MELI has achieved its target at $2000.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $1550) to $1625.  

Our PAST TOP PICK with MELI is progressing well.  To remain disciplined, we recommend trailing up the stop (from $1625) to $1923 at this time.

Our PAST TOP PICK with MELI has triggered its stop at $1923.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 28%, when combined with our previous guidance.