Is MercadoLibre Stock a Buy Now?
(NASDAQ: MELI), the leading e-commerce company in Latin America, has been unstoppable lately. The stock rose more than 50% in the last 12 months alone, bringing its total return to a remarkable 274% in the previous five years.
While existing investors celebrate its outstanding stock performance, potential investors may wonder if they should buy it today to participate in future growth.
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Source Fool.com
Mercadolibre Inc Stock
€1,879.0
-1.750%
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 1981 € there is a slightly positive potential of 5.43% for Mercadolibre Inc compared to the current price of 1879.0 €.
