A Once-in-a-Decade Opportunity: 1 Supercharged Growth Stock to Buy After a Recent 10% Pullback
MercadoLibre(MELI) The Motley Fool·2024-11-24 23:12
Shares of Latin American e-commerce and fintech behemoth MercadoLibre (MELI 1.87%) are up over 6,560% since the company's initial public offering (IPO) in 2007. Had an investor bought $15,000 worth of MercadoLibre stock at its IPO, it would now be worth $1 million -- less than two decades later. Even after this incredible run, however, I have been waiting for a chance to add to my MercadoLibre position, as I believe the company's best days are still ahead of it. The company recently reported solid earnings, ...