The e-commerce trend has accelerated as consumers have moved online to buy everyday goods to avoid visiting brick-and-mortar retailers and risk getting exposed to the coronavirus. MercadoLibre's (NASDAQ: MELI) business and its stock have been able to ride this trend, resulting in a market-beating doubling of the company's share price just this year. With the stock close to all-time highs, have prospective investors missed the boat, or do they still have time to get in on the stock and profit?
Let's examine the core business segments of this Latin American e-commerce leader to decide.
Source Fool.com