Better Buy: Amazon vs. MercadoLibre
Amazon (NASDAQ: AMZN) and (NASDAQ: MELI) are two titans in the world of e-commerce. Amazon stands as the clear industry leader in North America, Europe, and other regions. It has also spearheaded and continues to lead the cloud-infrastructure services market. Meanwhile, MercadoLibre is at the top of the online-retail space in countries including Brazil and Argentina, and it also has a fast-growing payment processing business.
Which one of these stocks looks like the better buy at today's prices? Read on to see cases for both stocks and a determination on which company is likely to be the better fit for your portfolio.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 1769 € there is a slightly positive potential of 12.27% for Mercadolibre Inc compared to the current price of 1575.6 €.