Purchased it recently in one of his funds. It is the latin-american version of Amazon. Their operations focus in Brazil, Argentina and Mexico. E-commerce will continue to grow, and it is a good way to get exposure in an area that is not typically on investor's radar. It is expensive, but it may always be expensive.
MercadoLibre is a American stock, trading under the symbol MELI-Q on the NASDAQ (MELI). It is usually referred to as NASDAQ:MELI or MELI-Q
In the last year, 1 stock analyst published opinions about MELI-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for MercadoLibre.
MercadoLibre was recommended as a Top Pick by on . Read the latest stock experts ratings for MercadoLibre.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered MercadoLibre In the last year. It is a trending stock that is worth watching.
On 2022-08-12, MercadoLibre (MELI-Q) stock closed at a price of $1081.08.