While swing trading is focused on shorter-term gains, it's important to recognize when those gains may be stretched a little further. Especially with a good entry. Take MELI stock. By giving a trending stock room, we captured a larger gain.X Pullbacks Create OpportunitiesIt's no secret that pullbacks create opportunities. Of course it can be uncomfortable to think about buying when you are losing money. But recognizing a bounce can set you up for a nice run. With MercadoLibre (MELI) the nearly 50% move off ...

MercadoLibre (MELI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this operator of an online marketplace and payments system in Latin America have returned +15.1%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Internet - Commerce industry, which MercadoLibre falls in, has gained 1.2%. The key question now is: What ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...

Shopify (NYSE:SHOP) says its 2024 mobile commerce sales are expected to be $2.5 trillion in 2024, nearly 14% higher than in 2023. That’s excellent news for it and other e-commerce growth stocks. Investors got an indication this past November that e-commerce sales remained very healthy. On Black Friday, while in-store U.S. retail sales grew by 1.1% year-over-year (YoY), online sales were up 8.5% compared to the same time in 2022.Two things helped online sales this past year’s holiday shopping season: mobile ...

With the market hitting a new high, we've checked all the boxes to know we're in a new bull market. With bullishness providing a tailwind to the market, one of my favorite high-growth stocks, MercadoLibre (MELI 3.28%), could be poised to continue its incredible market-beating performances.Dominating a massive marketThe primary income source for over 1.8 million families in Latin America, MercadoLibre and its e-commerce and fintech operations have become an integral part of the 18 countries where they operat ...

MercadoLibre (MELI) closed the latest trading day at $1,762.70, indicating a +0.16% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq added 0.36%.Shares of the operator of an online marketplace and payments system in Latin America witnessed a gain of 11.62% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 0.71% and the S&P 500's gain of 2.4%.The investment co ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering MercadoLibre (MELI) , which belongs to the Zacks Internet - Commerce industry.When looking at the last two reports, this operator of an online marketplace and payments system in Latin America has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 23.67%, on average, in the last two quarters.For the last reported qua ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about MercadoLibre (MELI) .MercadoLibre currently has an average brokerage recom ...

To say that AI stocks are popular with investors in 2024 would be an understatement. In mid-December, Bloomberg published an article entitled The Year of Nvidia, AI Stocks and Lofty Valuations. As it highlighted, the Nasdaq 100 had its best year in 2023 in more than a decade. Through the first two weeks of January, the index is up 1.5%. Something tells me that 2024 won’t be much different. Consequentially, the intelligent tech revolution should benefit AI stocks in the next 11.5 months. So, who are the AI a ...

andresr/E+ via Getty Images This article analyzes MercadoLibre (NASDAQ:MELI) with a particular focus on questions about valuation. How much should an investor be willing to pay for hyper-growth? It depends to a large degree on how long that growth can be sustained before it begins to fade. A declining growth rate produces a double whammy of slower growth combined with a lower valuation. The current high growth rate of MELI is indisputable, but a new investor's criterion must be on the sustainability of ...