Better Buy: MercadoLibre vs. Facebook
The COVID-19 pandemic has forever changed the way some consumers make purchases. And with access to high-speed internet greater than ever, online shopping activity has experienced a sea-change in the last year, even in countries that have been slow to adopt e-commerce and digital payment systems in the past.
These changes have played right into the hands of Latin America's leading online commerce platform MercadoLibre (NASDAQ: MELI) and social media titan Facebook (NASDAQ: FB), which is slowly rolling out its own digital payments and shopping tools to cash in on the global trend as well.
While each has significant growth opportunties ahead, both stocks present investors with unique risks. Which one is the better buy right now?
Source Fool.com
