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Better Buy: MercadoLibre vs. Amazon


MercadoLibre (NASDAQ: MELI) has often been labeled the "eBay of Latin America," and rightfully so, as it's built a dominant online marketplace ecosystem, which also includes a fast-growing mobile payments platform. The Latin American e-commerce company serves nearly 300 million users in the region and is growing fast. Amazon.com (NASDAQ: AMZN) doesn't need an introduction, considering that 51% of U.S. households will be Amazon Prime members by the end of 2019, according to eMarketer.

Both stocks have delivered huge gains for investors and should continue to hit new highs over the long term, but we'll compare them to see which one will likely perform the best in the next few years.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com

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