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Mercadolibre Earnings: It's My Third-Largest Position for This Reason

TheMotleyFool

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Mercadolibre Earnings: It's My Third-Largest Position for This Reason: https://g.foolcdn.com/editorial/images/775678/e-commerce-online-shopping.jpg

In this video, I will be talking about 's (NASDAQ: MELI) recent earnings report and why it's one of my highest-conviction stocks.

*Stock prices used were from the trading day of May 2, 2024. The video was published on May 2, 2024.

Source Fool.com

Mercadolibre Inc Stock

We can see a decrease in the price for Mercadolibre Inc. Compared to yesterday it has lost -€47.000 (-2.980%).
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 17.37% compared to the current price of 1526.8 € for Mercadolibre Inc.

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