The "Amazon of Latin America" Stock Could Triple Over the Next 10 Years
I believe that (NASDAQ: MELI) could triple in value. Rather than being overly aggressive with my projection, I'll say that this could happen within the next 10 years. In my view, this makes this e-commerce, financial technology, and logistics giant one of the best stocks to buy in 2026.
MercadoLibre is an expert at growing its business. For 27 consecutive quarters (nearly seven years), the company has grown its revenue by at least 30% year over year. This means that over the last seven years, its revenue is up by more than 1,500% -- a stunning growth stock.
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Source Fool.com
Mercadolibre Inc Stock
€1,546.2
-2.380%
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 2365 € there is a hugely positive potential of 52.96% for Mercadolibre Inc compared to the current price of 1546.2 €.
