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