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Will MercadoLibre Recover In 2022?

TheMotleyFool

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MercadoLibre (NASDAQ: MELI) had an incredible 2020, finishing the year up 193% and trouncing the S&P 500's 18% return. However, 2021 has been a different story. As of Dec. 27, shares of MercadoLibre were down 21% in 2021 while the S&P 500 had gained 26%.

Whereas last year seemed like a nonstop party for shareholders, the past 12 months have been a sobering return to reality. As we head into a new year, the question is whether 2022 will be a continuation of the current trend, or feature a recovery for MercadoLibre as an investment.

Image source: Getty Images

Source Fool.com

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