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Is MercadoLibre (MELI) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-10-01 17:46
Core Viewpoint - Growth stocks, such as MercadoLibre, are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Earnings Growth - MercadoLibre has a historical EPS growth rate of 201.7%, with projected EPS growth of 92.2% for the current year, significantly outperforming the industry average of 26.8% [3] Group 2: Cash Flow Growth - The year-over-year cash flow growth for MercadoLibre is 70.7%, compared to an industry average of -3%. The company's annualized cash flow growth rate over the past 3-5 years is 136.1%, against the industry average of 7.5% [4] Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for MercadoLibre, with the Zacks Consensus Estimate for the current year increasing by 6.2% over the past month [5] Group 4: Overall Assessment - MercadoLibre has achieved a Growth Score of A and a Zacks Rank of 2, indicating it is a strong candidate for growth investors [6]
3 Consumer Discretionary Stocks Poised for Growth
MarketBeat· 2024-09-28 11:01
The consumer discretionary sector includes industries like retail, restaurants, and leisure and the sector is often viewed as a bellwether for economic health. As consumer confidence rises and disposable income increases, spending in these areas tends to follow suit. Recent data points to a positive outlook for the consumer discretionary sector, making it an attractive investment opportunity for those seeking growth potential. In particular, the rising consumer confidence index indicates a growing willingne ...
Mercado Pago Applies for Banking License in Mexico
PYMNTS.com· 2024-09-26 00:15
Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican regulator, the National Banking and Securities Commission (CNBV), Reuters reported Wednesday (Sept. 25). Mercado Pago is the second-largest digital wallet in Mexico, offering credit and debit cards, international transfers, interest on funds stored in the digital wallet, and personal and small business loans, according to the report. With a bankin ...
Why the Market Dipped But MercadoLibre (MELI) Gained Today
ZACKS· 2024-09-25 22:55
MercadoLibre (MELI) closed the latest trading day at $2,131.29, indicating a +0.96% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%.The operator of an online marketplace and payments system in Latin America's stock has climbed by 3.67% in the past month, falling short of the Retail-Wholesale sector's gain of 6.04% and outpacing the S&P 500's gain of 1.95%.Market participants ...
Should Investors Buy MercadoLibre Stock Right Now?
The Motley Fool· 2024-09-25 13:45
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
MELI Stock Up 62.9% in a Year: Can E-commerce Strength Fuel Growth?
ZACKS· 2024-09-24 17:25
MercadoLibre (MELI) , the leading e-commerce platform in Latin America, has seen its stock jump 62.9% over the past year, outperforming the Zacks Internet-Commerce industry’s return of 36%, the broader retail sector’s rally of 30.3% and the S&P 500 index’s gain of 31.1%. This impressive growth has been fueled by several factors, including MELI’s growing e-commerce business, robust shipping services, and strong presence in Brazil, Mexico and Argentina.The company is also benefiting from the solid momentum in ...
JD vs. MELI: Which Stock Is the Better Value Option?
ZACKS· 2024-09-23 16:45
Investors interested in stocks from the Internet - Commerce sector have probably already heard of JD.com, Inc. (JD) and MercadoLibre (MELI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that ta ...
MercadoLibre: Vast Ecosystem And Enticing Valuation
Seeking Alpha· 2024-09-23 05:04
Company Analysis - MercadoLibre operates in the fast-growing Latin American market, which is a critical factor for its success [1] - The company is considered a strong buy due to its potential for long-duration growth opportunities [1] - The analysis emphasizes the importance of fundamentals, business strategy, and financial performance in evaluating the company [1] - The intrinsic value of the stock is a key consideration, with a focus on high-quality names with reasonable valuations rather than deep discounts [1] Investment Strategy - The analysis highlights the importance of balancing a portfolio with low-volatility dividend-paying stocks alongside growth opportunities [1] - The focus is on identifying high-quality companies, including potential new stars capable of delivering exponential share price growth over the long term [1] Market Context - The Latin American market is identified as a fast-growing region, providing a favorable environment for MercadoLibre's operations [1]
This Monster Growth Stock Is Up Nearly 300% in 5 Years. Here's Why It's the Largest Stock Position in My Portfolio Right Now.
The Motley Fool· 2024-09-21 17:13
I believe the stock can keep rising faster than most other stocks.The last five years were chaotic, with a global pandemic, a presidential election, inflation, swift interest rate changes, bank failures, and more. Despite this level of economic disruption, the S&P 500 is up nearly 90%. That's a good run, all things considered.As good as these broad market returns have been, MercadoLibre (MELI -0.27%) stock has left the S&P 500 completely in the dust. Shares of this Latin American business are up over 280% i ...
MercadoLibre (MELI) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-19 22:56
In the latest market close, MercadoLibre (MELI) reached $2,109.40, with a +0.32% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.7%. Elsewhere, the Dow saw an upswing of 1.26%, while the tech-heavy Nasdaq appreciated by 2.51%.Heading into today, shares of the operator of an online marketplace and payments system in Latin America had gained 4.74% over the past month, outpacing the Retail-Wholesale sector's gain of 4.02% and the S&P 500's gain of 1.27% ...