MercadoLibre

MELI-Q

NASDAQ:MELI

1,062.00
27.37 (2.65%)
MercadoLibre, Inc. is an Argentine company incorporated in the United States that operates online marketplaces dedicated to e-commerce and online auctions, including mercadolibre.com.
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Analysis and Opinions about MELI-Q

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
August 4, 2020

Stockchase Research Editor: Michael O'Reilly A similar e-commerce opportunity like SHOP is to North America, MELI is to Latin America. The company uses its platform to help businesses sell their items online and also has a fintech side of their business to help manage cash payments. The company reported strong Q1 earnings with sales growth over 30% for the past five years and the trend is catching on in the region. The company reports earnings this week, so there could be some opportune volatility. We would look to a pullback towards $1000 as an excellent entry point with an eye to re-test highs near $1200 or towards $1400.

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MercadoLibre (MELI-Q)
August 4, 2020

Stockchase Research Editor: Michael O'Reilly A similar e-commerce opportunity like SHOP is to North America, MELI is to Latin America. The company uses its platform to help businesses sell their items online and also has a fintech side of their business to help manage cash payments. The company reported strong Q1 earnings with sales growth over 30% for the past five years and the trend is catching on in the region. The company reports earnings this week, so there could be some opportune volatility. We would look to a pullback towards $1000 as an excellent entry point with an eye to re-test highs near $1200 or towards $1400.

PARTIAL SELL
PARTIAL SELL
January 21, 2020
It's at its all-time high. It needs to pass its last peak (it's close to it now). Otherwise, take half your shares now.
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MercadoLibre (MELI-Q)
January 21, 2020
It's at its all-time high. It needs to pass its last peak (it's close to it now). Otherwise, take half your shares now.
TOP PICK
TOP PICK
November 26, 2019
Has fallen 17% from recent highs due to macro economic issues. The eBay of Latin America. No dividend. (Analysts’ price target is $639.50)
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MercadoLibre (MELI-Q)
November 26, 2019
Has fallen 17% from recent highs due to macro economic issues. The eBay of Latin America. No dividend. (Analysts’ price target is $639.50)
TOP PICK
TOP PICK
June 25, 2010
Online marketplace that serves a lot of the countries in the South and Latin America. Volatile stock and is a little erratic now. Fantastic fundamentals. Recently broke out of a long (December-June) range, so as long as it continues to trade around the $58 range, it has a lot of potential to go higher.
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MercadoLibre (MELI-Q)
June 25, 2010
Online marketplace that serves a lot of the countries in the South and Latin America. Volatile stock and is a little erratic now. Fantastic fundamentals. Recently broke out of a long (December-June) range, so as long as it continues to trade around the $58 range, it has a lot of potential to go higher.
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MercadoLibre(MELI-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for MercadoLibre is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

MercadoLibre(MELI-Q) Frequently Asked Questions

What is MercadoLibre stock symbol?

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

Is MercadoLibre a buy or a sell?

In the last year, 2 stock analysts published opinions about MELI-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for MercadoLibre.

Is MercadoLibre a good investment or a top pick?

MercadoLibre was recommended as a Top Pick by Stockchase Research on 2020-08-04. Read the latest stock experts ratings for MercadoLibre.

Why is MercadoLibre stock dropping?

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.

Is MercadoLibre worth watching?

2 stock analysts on Stockchase covered MercadoLibre In the last year. It is a trending stock that is worth watching.

What is MercadoLibre stock price?

On 2020-09-25, MercadoLibre (MELI-Q) stock closed at a price of $1062.