Core Insights - MercadoLibre has delivered strong long-term performance, ranking as the 35th best stock over the past decade with an annualized return of 32% [1] - The stock has increased over 100% in the last three years, outperforming the S&P 500's 64% gain, although it has declined over the past year [2] - Revenue growth has been significant, with a nearly 4,000% increase over the past decade, indicating strong long-term value creation [3] Long-term Value Creation - Successful long-term stock performers are often high-growth companies, and MercadoLibre exemplifies this with substantial revenue and profit growth [3][5] - The company's revenue has reached $26 billion, growing at nearly 40% in the most recent quarter, while maintaining profit margins around 10% [9] - Operating margins have improved after a dip due to investments in logistics, showcasing a recovery in profitability alongside revenue growth [5] Short-term Market Dynamics - Despite long-term growth potential, MercadoLibre's stock has faced a decline over the past year, highlighting the volatility of stock prices in shorter time frames [7] - Investor sentiment can significantly influence stock prices, leading to fluctuations that may not align with the company's fundamental performance [7] - The ability to sustain profitable growth will be crucial for future shareholder returns, as indicated by the current market conditions [8] Future Outlook - MercadoLibre is positioned to continue delivering profitable growth, which could enhance stock returns and mitigate recent underperformance [10]