MercadoLibre: Clear Trajectory To Quadruple EPS By 2028
MercadoLibre(MELI) Seeking Alpha·2024-02-14 16:54
Bloomberg/Bloomberg via Getty ImagesMercadoLibre (NASDAQ:MELI), often regarded as the Amazon (AMZN) of Latin America, has everything I'm looking for in an investment in today's market. MercadoLibre is on a very short list of companies that are highly likely to grow both revenues and net income by more than 20% annually for the foreseeable future, yet it trades at a valuation that isn't all that demanding. Let's dive in. Introduction To MercadoLibre So many times, investors struggle with the most importa ...