MercadoLibre Outperforms Industry YTD: Buy, Sell or Hold the Stock?

Key Takeaways MELI stock is up 40% YTD, outpacing its sector and industry on e-commerce and fintech growth. MELI's fintech growth is driven by user engagement, low service costs and attractive deposit yields. Margin pressure in Brazil and Mexico and a high valuation weigh against MELI's strong top-line growth.MercadoLibre (MELI) shares have returned 40% in the year-to-date (YTD) period, outperforming the Zacks Retail-Wholesale sector and the Zacks Internet-Commerce industry’s growth of 3.2% and 5%, respec ...