MercadoLibre Shares Take a Hit on Fears That Amazon Is Moving South
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser, Supernova and Rule Breakers' David Kretzmann, and Motley Fool Hidden Gems' Andy Cross discuss the rising speculation that Amazon.com (NASDAQ: AMZN) is preparing to enter Brazil, the most populous nation in South America. It's the biggest single market for MercadoLibre (NASDAQ: MELI), and would be a beachhead for the U.S. giant to make further inroads into its territory. But there's reason to believe that MercadoLibre can beat Amazon in the markets where it already dominates the online retail scene.
A full transcript follows the video.
Source: Fool.com
Amazon.com Inc. Aktie
161,34 €
1,54 %
Starke Bevorzugung von Amazon.com Inc. in der Community mit ausschließlich Buy-Einschätzungen.
Mit einem Kursziel von 192 € für Amazon.com Inc. könnte eine leichte Steigerung gegenüber dem aktuellen Kurs von 161.34 € erreicht werden.
