MercadoLibre Stock: Buy, Sell, or Hold?
MercadoLibre (NASDAQ: MELI) may not be a household name in the U.S., but investors in the know are likely familiar with this e-commerce stock.
Sometimes known as the Amazon of Latin America, MercadoLibre has delivered smashing returns since its 2007 initial public offering, and it's still posting strong growth today. As the chart below shows, MercadoLibre has made early investors a small fortune, rising more than 4,000% since it first debuted:
Source Fool.com
Mercadolibre Inc Stock
€1,914.6
-1.150%
With 31 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
At the moment Mercadolibre Inc has reached the predicted target price of 1931 €, with a current price of 1914.6 €.
