MercadoLibre Stock Up 51%: 2 Reasons to Buy and 1 Reason for Caution
MercadoLibre (NASDAQ: MELI) stock is up big in 2023, but still below its all-time highs. In this video, Motley Fool contributors Jason Hall and Jeff Santoro share two reasons it's an absolute buy, as well as a word of caution investors would do well to consider before buying.
*Stock prices used were from the afternoon of Sept. 19, 2023. The video was published on Sept. 24, 2023.
Source Fool.com
Mercadolibre Inc Stock
€1,522.8
2.450%
With 23 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 17.68% compared to the current price of 1522.8 € for Mercadolibre Inc.
