Why MercadoLibre's Second-Quarter Profit Problem Is Probably Just a Hiccup
In this segment from Motley Fool Money, host Chris Hill, Total Income's Ron Gross, and Supernova and Rule Breakers' David Kretzmann look beyond the headline numbers as they consider the investment thesis around the company known as the Amazon of Latin America. By nearly every metric, MercadoLibre (NASDAQ: MELI) grew at a healthy pace in Q2. But no business can control the direction of macroeconomic and political winds, and in one of its key markets, there's a storm in progress.
A full transcript follows the video.
Source: Fool.com
Mercadolibre Inc Stock
€1,816.8
-0.180%
With 27 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1846 € shows a slightly positive potential of 1.61% compared to the current price of 1816.8 € for Mercadolibre Inc.
