Shares of Latin America-based e-commerce and fintech company (NASDAQ: MELI) are almost done making an impressive round trip. The stock had plummeted nearly 75% from its 2021 highs but has come within striking distance of a full recovery just three years later.

But a business lies beneath the stock that's wildly different now than back then. Investors may not realize how much upside there is for MercadoLibre. It took a new bull market to reinvigorate the share price, but the stock could just be getting started.

Here's why MercadoLibre is a bull market buy that could help you become a stock market millionaire over the long term.

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Source Fool.com