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Is MercadoLibre's Post-Earnings Crash an Opportunity to Buy the Dip?

TheMotleyFool

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Is MercadoLibre's Post-Earnings Crash an Opportunity to Buy the Dip?: https://g.foolcdn.com/editorial/images/766564/amazon-packaged-delivery-online-shopping-e-commerce-mercadolibre.jpg

In this video, I will be talking about 's (NASDAQ: MELI) recent earnings report and why it might be a buying opportunity.

*Stock prices used were from the trading day of Feb. 22, 2024. The video was published on Feb. 23, 2024.

Source Fool.com

Mercadolibre Inc Stock

Mercadolibre Inc dominated the market today, gaining €132.80 (8.930%).
With 24 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 10.05% compared to the current price of 1628.4 € for Mercadolibre Inc.

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