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3 Things About MercadoLibre Stock That Smart Investors Know

TheMotleyFool

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3 Things About MercadoLibre Stock That Smart Investors Know: https://g.foolcdn.com/editorial/images/703503/person-unpacking-a-box.jpg

Investing in e-commerce stocks in 2022 hasn't been easy, no matter the company. E-commerce stocks from around the world are down year to date:

Even the stalwart Amazon is down 29% in 2022.

Latin American e-commerce leader MercadoLibre (NASDAQ: MELI) is no different as it has fallen 32%. However, the company has put up strong results, and its prospects are growing even more appealing. Most investors don't recognize this, which is why shares have slumped. However, smart investors know that MercadoLibre looks very attractive right now.

Source Fool.com

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