1 Solid E-Commerce Stock That's Not Amazon to Keep On Your Radar
One of the most remarkable companies in the last two decades is arguably Amazon, which rode the e-commerce tailwind to great success.
While the e-commerce tailwind is ongoing, investors will likely not make enormous gains with Amazon's stock. After all, the company is already worth more than $2 trillion in market capitalization.
The good news is that there are other smaller but well-established e-commerce companies that investors can keep an eye on. Inc (NASDAQ: MELI), the leading e-commerce company in Latin America, is one of those candidates.
Source Fool.com
Mercadolibre Inc Stock
With 23 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 18.1% compared to the current price of 1517.4 € for Mercadolibre Inc.