Better Buy: Amazon vs. MercadoLibre
While Amazon (NASDAQ: AMZN) is the world leader in the overall e-commerce market, MercadoLibre (NASDAQ: MELI) actually leads the category in Latin America. Both stocks have put up incredible performance over the last half-decade, but you may be wondering which company is currently the better investment. Read on to see why these two Motley Fool contributors disagree on which stock is the better buy.
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Parkev Tatevosian: Amazon may have started as a small e-commerce company selling books but has turned into a giant with $470 billion in revenue in 2021. In addition to selling books on its platform, Amazon owns a chain of grocery stores, a robust cloud services business, generates billions in ad revenue, and so much more. Expanding into new areas has helped Amazon grow from $61 billion in sales in 2012 to the $470 billion mentioned above.
Source Fool.com
