This e-commerce outfit is rightfully considered the Amazon of Latin America, but the label understates the actual opportunity.MercadoLibre (MELI 0.95%) may not be a household name where you live. But that's probably only because you don't live where it operates. If you were a resident of South America, you most definitely would have heard of it. There's even a good chance you'd be a customer. After all, it's often referred to as the Amazon (NASDAQ: AMZN) of Latin America specifically because it's got such a ...

MercadoLibre (MELI) ended the recent trading session at $1,585.03, demonstrating a +0.74% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.25% for the day. Meanwhile, the Dow gained 0.77%, and the Nasdaq, a tech-heavy index, lost 0.79%.Shares of the operator of an online marketplace and payments system in Latin America have depreciated by 9.41% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 0.1% and the S&P 5 ...

These stocks are on a growth path that could go on for decades. Investors often act with the intent of never selling. Warren Buffett has often said that his favorite holding period is "forever," and holding some stocks for years or decades has often paid off for investors. Unfortunately, changing business conditions or management teams can make selling a stock the only wise choice, but one cannot truly make a promise to "never" sell. Nonetheless, I own stocks I cannot envision myself selling, and Shopify (S ...

With rising innovations forcing disruption in multiple arenas, it’s inevitable that your money also faces a significant paradigm shift. As a result, investors ought to consider compelling financial technology (fintech) enterprises. Fundamentally, fintech stocks should benefit from the marriage of convenience and enhanced accessibility.Primarily, the sector is a massive one. According to Fortune Business Insights, the global fintech ecosystem reached a valuation of $294.74 billion last year. By the end of th ...

Investors should take a closer look at the so-called "Amazon of Latin America."The extent of the e-commerce industry is likely not well understood by many investors. Some might assume Amazon dominates most of the world. And even if they know something about Amazon's competitors, they might not understand that they are actually conglomerates involved in several other businesses.One less-understood conglomerate is MercadoLibre (MELI 0.10%), often called the "Amazon of Latin America." Along with its e-commerce ...

MercadoLibre (MELI) closed the latest trading day at $1,582.14, indicating a +0.1% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.12%.Heading into today, shares of the operator of an online marketplace and payments system in Latin America had lost 9.12% over the past month, lagging the Retail-Wholesale sector's gain of 0.37% and the S&P ...

MercadoLibre has been firing on all cylinders for some time now.Latin American e-commerce leader MercadoLibre (MELI 1.22%) is a riddle. The broader stock market is near all-time highs, but this stock is down roughly 20% from its peak. What gives?There's not an obvious problem with the company. Sometimes, the stock market acts irrationally, and we must take that at face value.However, investors need not sit idly by while such an outstanding growth stock trades at a discount. I had to double-check the fundame ...

MercadoLibre is sometimes called the Amazon of Latin America.Fool.com contributor Parkev Tatevosian answers the question of whether MercadoLibre (MELI -1.29%) is an excellent buy for long-term investors. *Stock prices used were the afternoon prices of June 5, 2024. The video was published on June 7, 2024. ...

Spoiler alert: You'd be grinning ear to ear. (Those who didn't invest may still do so now.)Here's an interesting question: If you'd invested a mere $1,000 in shares of MercadoLibre (MELI -1.29%) a decade ago, what would they be worth today? The answer will either thrill or annoy you, depending on whether you've owned the stock for those years: $20,605. That's an annualized growth rate of 35.3%! In comparison, the S&P 500 index averaged 11.7% annually, turning $1,000 into $3,011.That information is all well ...

A strong earnings report helped propel the Latin American e-commerce stock higher.Shares of MercadoLibre (MELI -4.08%) were soaring last month as the Latin American e-commerce leader delivered another strong earnings report, reassuring investors of its growth potential despite economic troubles in Argentina.According to data from S&P Global Market Intelligence, the stock gained 18% last month. As you can see from the chart, the stock popped initially on the earnings report at the beginning of May, and then ...