Is MercadoLibre Unstoppable?
In this segment of the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross reflect on another great quarter for the top e-commerce company in Latin America, MercadoLibre (NASDAQ: MELI).
The investments in the company that had markets fearing for its margins are clearly paying off now, and the stock's rise Friday rewarded the believers. The real question remains, of course, whether Amazon.com (NASDAQ: AMZN) could successfully invade its territories. And the Fools have an answer.
A full transcript follows the video.
Source: Fool.com
Mercadolibre Inc Stock
€1,522.8
2.450%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 1792 € there is a slightly positive potential of 17.68% for Mercadolibre Inc compared to the current price of 1522.8 €.
