MercadoLibre's Growth Story in 4 Simple Charts
MercadoLibre(MELI) The Motley Fool·2024-06-26 12:10
The Latin American e-commerce and fintech leader still has plenty of room to grow.MercadoLibre's (MELI 3.75%) stock has rallied 154% over the past five years as the S&P 500 rose 85%. The Latin American e-commerce and fintech leader has impressed investors with its rapid growth, widening moat, and rising margins.But can MercadoLibre continue growing as its biggest markets grapple with inflation? Let's review its growth story in four simple charts to see if it's still worth buying. 1. Its customer base is sti ...