Montevideo, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Mercado Libre (NASDAQ: MELI), the leading ecommerce and fintech platform in Latin America, launches the latest episode of its podcast series, IR Interviews, "Strategy and Growth Opportunities with Leandro Cuccioli", Mercado Libre's Senior VP of CorpDev, Strategy, Sustainability and IR. IR Interviews is a unique space for investors to access the company executives' strategic views. Hosted by Investor Relations Officer Richard Cathcart, the episode features an in- ...

MercadoLibre's future looks bright if the last five years are any indication.For American investors familiar with it, the story of MercadoLibre (MELI -0.42%) is a master class on succeeding in a challenging business environment. The company has found a way to turn outbreaks of high inflation and regulatory chaos into competitive advantages.Consequently, the company has pioneered key industries within its region, and its stock trades near record highs. The question now is whether it can continue beating the ...

MercadoLibre (MELI) , Latin America's e-commerce powerhouse, continues to demonstrate remarkable growth potential beyond its impressive 31.6% year-to-date surge. While this impressive growth might suggest the stock has peaked, its fundamental strengths indicate there's still significant upside potential for this Latin American e-commerce and fintech powerhouse, making them compelling reasons for investors to consider adding MELI to their portfolios. Year-to-Date Performance Zacks Investment Research Image S ...

Famous investor Stanley Druckenmiller started a position in MercadoLibre during the second quarter.Billionaire Stanley Druckenmiller ran Duquesne Capital between 1981 and 2010, a hedge fund that returned roughly 30% annually over three decades without suffering a single losing year. That makes him one of the most successful fund managers in history.In 2010, Druckenmiller closed Duquesne Capital and stopped managing money for clients. However, he still handles his own multibillion-dollar portfolio through Du ...

This stock has massive potential, and there are at least five reasons to buy it today.There are few stocks on the market today with opportunities that can rival those of MercadoLibre (MELI 0.95%). It has an excellent business and plenty of growth drivers, and it's even priced to perfection. Here are five reasons to buy it today.1. E-commerce is still underpenetrated in Latin AmericaMercadoLibre's core business is e-commerce. It's highly profitable, providing the capital for the company to venture into faste ...

The most recent trading session ended with MercadoLibre (MELI) standing at $2,079.96, reflecting a -0.54% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.77% gain on the day. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.87%.The the stock of operator of an online marketplace and payments system in Latin America has fallen by 1.47% in the past month, lagging the Retail-Wholesale sector's gain of 5.56% and the S&P 500's gain of 4.87 ...

Winners keep winning. Investing in the S&P 500 via an exchange-traded fund (ETF) that tracks it is an excellent idea for long-term investors. The index has generally delivered solid returns. We have every reason to believe that will continue for a while. But what about investing in equities that can perform even better? That's what MercadoLibre (MELI 2.48%) and Netflix (NFLX -1.03%) have done this year. Of course, that's no guarantee they will do so moving forward, but we also have good reasons to expect th ...

STOCK CLIMBS 1.5% AT HIGH POINTMercadoLibre, Inc. MELI today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:37 AM on OCTOBER 11th, a significant trading signal occurred for MercadoLibre, Inc. as it demonstrated a Power Inflow at a price of $2074.55. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see ...

MercadoLibre Inc MELI is expected to report its third quarter 2024 in late October/early November.MercadoLibre operates online marketplaces dedicated to e-commerce and online auctions. The analysts estimate adjusted EPS of $10.55 with revenues of $5.25 billion, as per data from Benzinga Pro.Goldman Sachs anticipates MercadoLibre will deliver another strong performance in the third quarter of 2024, driven by robust growth in gross merchandise value (GMV), which is expected to boost its e-commerce market shar ...

While the world of e-commerce in the United States and Europe is dominated by Amazon.com Inc. NASDAQ: AMZN and arguably shared with Chinese giant Alibaba Group NYSE: BABA, a new Latin American territory has been taken over by the region's leading platform instead, with a particular interest in Argentina's new breakout. MercadoLibre Today MELI MercadoLibre $2,049.15 +1.16 (+0.06%) 52-Week Range $1,141.04 ▼ $2,161.73 P/E Ratio 91.68 Price Target $2,246.07 Add to Watchlist MercadoLibre Inc. NASDAQ: MELI domina ...