Price Correction at MercadoLibre! To me, a rare entry opportunity!
MercadoLibre connects e-commerce, logistics, advertising, and fintech into a unique ecosystem in Latin America.
With broad diversification and double-digit growth in all areas, MELI remains one of the most promising stocks in the tech sector.
Reading Time: 2 minutes
Yesterday, the stock of MercadoLibre (MELI) fell by almost 7%. In my opinion, this is an exaggerated reaction that offers investors a great opportunity to enter this growth stock. MercadoLibre is now much more than just an e-commerce provider. The company has built a unique trading and fintech ecosystem in Latin America, which rests on several strong pillars. The core remains online commerce, where millions of merchants and brands sell through the platform. I find the logistics segment particularly impressive. With over 1.9 billion items delivered...
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