Is MercadoLibre Stock a Buy Now?
MercadoLibre's (NASDAQ: MELI) stock rose 5% during after-hours trading on Thursday, Nov. 3, following the release of its third-quarter earnings report. The Latin American e-commerce leader's revenue increased 45% year over year (61% in constant currency terms) to $2.69 billion, which narrowly missed analysts' expectations by $10 million. Its net income grew 36% to $129 million, or $2.56 per share, which easily cleared the consensus forecast by $0.24.
MercadoLibre's growth rates were impressive, but should investors buy its stock in this challenging market for high-growth e-commerce stocks? Let's review its growth trajectory, margins, and valuations to decide.
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Source Fool.com


