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MercadoLibre: Can It Double Revenues Every Three Years As It Transforms A Continent?
MELIMercadoLibre(MELI) Seeking Alpha·2024-01-15 01:41
andresr/E+ via Getty Images This article analyzes MercadoLibre (NASDAQ:MELI) with a particular focus on questions about valuation. How much should an investor be willing to pay for hyper-growth? It depends to a large degree on how long that growth can be sustained before it begins to fade. A declining growth rate produces a double whammy of slower growth combined with a lower valuation. The current high growth rate of MELI is indisputable, but a new investor's criterion must be on the sustainability of  ...