1 E-Commerce Stock That Has Created Millionaires and Is Poised to Make More
MELIMercadoLibre(MELI) The Motley Fool·2024-02-15 18:14

The e-commerce industry is adept at producing millionaire-maker stocks. Amazon climbed over 500-fold from the depths of the dot-com bust in the early 2000s, and many legacy brick-and-mortar retailers drove significant returns by integrating e-commerce with in-store retailing. However, one top e-commerce company that may receive less attention is MercadoLibre (MELI 2.35%). The Latin American conglomerate does not operate in the U.S., so American investors can easily overlook it. Still, with its e-commerce su ...