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Better Buy: Walmart vs. MercadoLibre

TheMotleyFool

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The coronavirus crisis turned the retail world upside down last year. Long-established business practices and traditions went out the window, replaced by a marketwide focus on digital orders and home delivery services. Some retail companies suffer in this reshaped business environment, but others are thriving. For instance, retail giant Walmart (NYSE: WMT) has seen share prices rise 21% since the start of 2020. South American online auctions veteran MercadoLibre (NASDAQ: MELI) gained 172% over the same period. The broader market rose 39% at the same time, giving MercadoLibre a large head start while Walmart fell behind.

Will these trends continue, or is it time to pick up Walmart shares at a discount today? Let's find out.