MercadoLibre Stock: Buy, Sell, or Hold?
MercadoLibre (NASDAQ: MELI) may not be a household name in the U.S., but investors in the know are likely familiar with this e-commerce stock.
Sometimes known as the Amazon of Latin America, MercadoLibre has delivered smashing returns since its 2007 initial public offering, and it's still posting strong growth today. As the chart below shows, MercadoLibre has made early investors a small fortune, rising more than 4,000% since it first debuted:
Source Fool.com
Mercadolibre Inc Stock
€1,315.0
3.930%
Mercadolibre Inc is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
With a target price of 1746 € there is a positive potential of 32.78% for Mercadolibre Inc compared to the current price of 1315.0 €.
