Why MercadoLibre Stock Is Cheaper Than It Looks
MELIMercadoLibre(MELI) The Motley Fool·2024-06-30 06:14

The Latin American e-commerce company has a lot of growth potential, which could make it look like a bargain in the years ahead. MercadoLibre (MELI -1.05%) is often compared to Amazon for its strong success in the e-commerce market. A focus on Latin America -- with its developing markets that have attractive prospects -- has made it an intriguing growth stock to own. And over the past five years, the stock's 150% return has blown past Amazon, which is up by around 97% during the same time frame. But some in ...