Is MercadoLibre Unstoppable?
In this segment of the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross reflect on another great quarter for the top e-commerce company in Latin America, MercadoLibre (NASDAQ: MELI).
The investments in the company that had markets fearing for its margins are clearly paying off now, and the stock's rise Friday rewarded the believers. The real question remains, of course, whether Amazon.com (NASDAQ: AMZN) could successfully invade its territories. And the Fools have an answer.
A full transcript follows the video.
Source: Fool.com
Mercadolibre Inc Stock
€1,595.2
-4.330%
With 39 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 2319 € shows a positive potential of 45.37% compared to the current price of 1595.2 € for Mercadolibre Inc.
