Bold Prediction: MercadoLibre Is About to Soar. Here's Why.

MercadoLibre's (NASDAQ: MELI) stock has stayed nearly flat this year. The Latin American e-commerce and fintech giant is still growing like a weed, but concerns about the region's macro headwinds and political instability seem to be compressing its valuation. Nevertheless, I believe it will bounce back in the near future for three simple reasons. Image source: Getty Images. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you j ...