MercadoLibre: Recent Dip Adds Margin Of Safety

Core Insights - MercadoLibre, a prominent player in Latin American stocks, experienced a decline of over 15% following the release of its Q3 earnings report despite achieving a significant revenue growth of 35% year-over-year, surpassing estimates [1] Financial Performance - The company reported a year-over-year revenue growth of 35%, indicating strong performance in its financial results [1] Market Reaction - The stock's dip of more than 15% post-earnings release suggests a potential disconnect between market expectations and the actual performance, despite the positive revenue growth [1]