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Can MercadoLibre Stock Get to $2,000?


(NASDAQ: MELI) is an e-commerce powerhouse operating in Latin America and serving 18 countries in the region. It regularly reports strong growth across its business, which includes a large fintech segment, and it has a massive long-term opportunity.

It has a four-digit price tag, trading at $1,768 per share as of this writing. Is it headed to $2,000?

Image source: Getty Images.

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Source Fool.com

Mercadolibre Inc Stock

€1,545.8
2.250%
Mercadolibre Inc gained 2.250% today.
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 2360 € there is a hugely positive potential of 52.67% for Mercadolibre Inc compared to the current price of 1545.8 €.
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