MercadoLibre(MELI)
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MercadoLibre (MELI) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-01-24 23:51
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 ...
Why MercadoLibre (MELI) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-01-23 18:12
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 ...
Brokers Suggest Investing in MercadoLibre (MELI): Read This Before Placing a Bet
Zacks Investment Research· 2024-01-19 15:31
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 ...
AI Ambassadors: 3 Stocks Leading the Intelligent Tech Revolution
InvestorPlace· 2024-01-17 18:01
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 ...
MercadoLibre: Can It Double Revenues Every Three Years As It Transforms A Continent?
Seeking Alpha· 2024-01-15 01:41
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 ...
3 Reasons Why Growth Investors Shouldn't Overlook MercadoLibre (MELI)
Zacks Investment Research· 2024-01-12 19:17
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. But finding a great growth stock is not easy at all.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 ...
MercadoLibre (MELI) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-01-11 23:48
The most recent trading session ended with MercadoLibre (MELI) standing at $1,591.68, reflecting a -0.41% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.07%.Shares of the operator of an online marketplace and payments system in Latin America have depreciated by 0.87% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 4.94% and the S&P 500's gain of 3.98%.Analysts and investors alike will be keeping a close ...
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The Motley Fool· 2024-01-09 16:15
Cathie Wood bounced back in 2023 after back-to-back years of disappointment. The CEO and co-founder of Ark Invest is trying to keep her winning streak going as an aggressive growth-stock investor this year. She's been adding to some of her existing positions in 2024, including a few notable purchases on Monday.Wood kicked off the new trading week by adding to her stakes in Nu (NU 0.06%), MercadoLibre (MELI -0.24%), and Toast (TOST -0.24%). Let's see what she might be seeing in these promising growth stocks. ...
Emerging Market Watch: 3 International Stocks to Soar in 2024
InvestorPlace· 2024-01-05 00:00
While Warren Buffett’s piece of wisdom – to paraphrase, don’t bet against America – has proven sound, investors looking ahead may want to consider emerging markets stocks. As the phrase implies, we’re talking about economies still in their growth phase. That contrasts with the U.S., which stands in more of a maturity cycle.Fundamentally, emerging markets stocks appeal to more risk-tolerant investors due to their potentially greater upside prospects. Nothing is guaranteed, to be clear. However, when you’re d ...
MercadoLibre: How To Play Argentina's Bold Economic Experiment
Seeking Alpha· 2023-12-26 01:57
Rmcarvalho/iStock via Getty Images Nobel laureate Simon Kuznets argued that the world has four types of economies: developed, underdeveloped, Japan, and Argentina. This has never been more accurate than today, when understanding the Argentinian economy will lead us to analyze unique periods, relatively obscure economies, and philosophical premises like the nature of money and the psychological biases of loss aversion. Nevertheless, understanding this context is vital to discovering how to play the Argentini ...