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 ...

These stocks could help you build a millionaire-maker portfolio.Cathie Wood is known for her focus on disruptive technology. Her company, Ark Invest, invests in high-growth tech stocks for its exchange-traded funds (ETF), each of which has a specific focus.Not surprisingly, Ark's stocks tend to do better in bull markets but often come with a lot of risk. In general, buying an ETF gives you exposure to a group of stocks and reduces your overall risk. But when most of the stocks are risky, that isn't necessar ...

The stocks have jumped on their earnings report. Here's why they could keep rallying.August has been a rocky month for investors thus far, with a sell-off induced by economic fears and a tough earnings season for a number of popular AI stocks.However, some stocks have passed the earnings test with flying colors and look poised for further gains. Without further ado, keep reading to see these three stocks that look like screaming buys today. 1. MercadoLibreOne of the strongest stocks in the e-commerce sector ...

Stock rises after the signal. The TradePulse Power inflow Signal was triggered at 10:35 am ET.Today, MercadoLibre Inc, (MELI) experienced a Power Inflow, a crucial event for investors who use order flow analytics in their investment strategies. This Power Inflow shifts from a net selling or distribution phase to a net buying or accumulation environment, illustrating a significant inflow that exceeds outflow. Such a change is commonly viewed as a sign of heightened investor confidence and a short-term uptren ...

Great companies are found in every type of market landscape.When it comes to investing in the right companies for your portfolio, you need to ensure you select businesses that you understand and have the competitive advantages, financials, and leadership to drive lasting growth.If you're looking for growth stocks that have what it takes to perform well for investors not just now but over the next five years and beyond, there are multiple contenders to consider. Here are two that look like excellent addition ...

FG Trade/E+ via Getty Images Investment Thesis MercadoLibre (NASDAQ:MELI) delivered a whopping strong Q2 204 earnings result. Not only were its revenues very strong, but its profit margin was the best in many years. Moreover, MercadoLibre's balance sheet is now in a very powerful position, which leaves MercadoLibre with ample flexibility to make a large needle-moving acquisition. And yet, according to my estimates, the stock is now priced at approximately 50x this year's free cash flow. In sum, although ...

Leila Melhado Introduction On Thursday, after the market closed, MercadoLibre (NASDAQ:MELI) reported its Q2 2024 earnings and let me tell you from the start that I was really impressed. If you don't know Mercado Libre (well), here's a quick introduction. Mercado Libre is the leading e-commerce and fintech company in Latin America. It all started with a marketplace, think Amazon, and over the years, it has extended to a whole platform. This is what the company added over the years: MercadoPago: A digita ...

MercadoLibre (MELI) reported $5.07 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 48.6%. EPS of $10.48 for the same period compares to $5.16 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.76 billion, representing a surprise of +6.50%. The company delivered an EPS surprise of +20.18%, with the consensus EPS estimate being $8.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 -OR- ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-33647 MercadoLibre, Inc. (Exact name of Registrant as specified in its Charter) Delaware ...

MercadoLibre (MELI) reported second-quarter 2024 earnings of $10.48 per share, which beat the Zacks Consensus Estimate by 20.2%. The company reported earnings of $5.16 per share in the year-ago quarter.Revenues surged 42% on a year-over-year basis (113% on a FX-neutral basis) to $5.07 billion. The top line surpassed the Zacks Consensus Estimate by 6.5%.Total revenues were driven by accelerating commerce and fintech revenues, which grew 53.4% and 27.5% year over year to $2.97 billion and $2.1 billion, respec ...