MercadoLibre: Riding A Supersonic Growth Wave
MELIMercadoLibre(MELI) Seeking Alpha·2024-08-19 18:47

We Are Investment thesis My previous bullish thesis about MercadoLibre's stock (NASDAQ:MELI) aged extremely well as the stock delivered a 20.5% price increase since early May. The U.S. stock market returned around 8% to investors over the same period. The company recently delivered a staggering Q2 earnings report, with all the most vital metrics demonstrating immense growth momentum. MELI operates across emerging markets and thriving industries, which are apparent powerful tailwinds that power growth. Moreo ...