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Is MercadoLibre a Buy?

TheMotleyFool

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MercadoLibre's (NASDAQ: MELI) stock has been on a tear.

Its share price almost doubled in 2019, and it's on the shortlist of consumer goods companies that gained 1,000% in the last decade. But for investors considering opening a new position, the vital question to answer is, has the growth story already played out for this Latin American e-commerce specialist?

Let's examine the business, its opportunities, and its risks, and determine whether this stock is still a buy.

Source Fool.com

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