MercadoLibre (MELI) closed the latest trading day at $1,706.24, indicating a -1.56% change from the previous session's end. This change lagged the S&P 500's daily loss of 1.37%. Elsewhere, the Dow saw a downswing of 1.35%, while the tech-heavy Nasdaq depreciated by 1.8%.Shares of the operator of an online marketplace and payments system in Latin America have appreciated by 4.5% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 6.07% and the S&P 500's gain of 5.1%.The i ...

What would you do if you could rewind the clock 20 years and buy Amazon stock? I would guess just about everybody would buy it knowing what they do today -- and watch their investment gain more than 7,000%.Since you can't turn back the clock, you might be interested in buying stock in a company that, in many ways, is quite similar to Amazon, but reporting even higher growth rates than Amazon did 20 years ago. MercadoLibre (MELI 0.54%) stock has gained about 6,000% in its lifetime -- but you should still buy ...

MercadoLibre (MELI) closed the most recent trading day at $1,713.87, moving +0.2% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.82%. At the same time, the Dow added 0.41%, and the tech-heavy Nasdaq gained 0.95%.The operator of an online marketplace and payments system in Latin America's shares have seen an increase of 8.71% over the last month, surpassing the Retail-Wholesale sector's gain of 7.3% and the S&P 500's gain of 5.59%.The investment community ...

For moves that don't improve the underlying strength of a company's business, stock splits garner a lot of attention, at least when conducted by prominent corporations. In part, that's because they make it easier for investors on a budget to purchase a single share. So when a stock starts getting too expensive, it could be a sign that the company may conduct a stock split relatively soon.Let's consider two stocks that have beaten the market in recent years and, some would say, are overdue for a split: Merca ...

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?Let's take a look at what these Wall Street heavyweights have to say about MercadoLibre (MELI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.MercadoLibre currently has an average ...

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 ...