Down 38% From Its All-Time High, Is MercadoLibre a Buy?

MercadoLibre (NASDAQ: MELI) might not be a household name in the U.S., but Foolish investors know the Latin American e-commerce company as a standout on the stock market.Since its 2007 IPO, MercadoLibre is up more than 5,000%, and it's built an Amazon-like network of businesses as it expands across Latin America, including in logistics, fintech, credit, and asset management. It's also added its Prime-like MELI+ membership program to help lock customers into its ecosystem.While MercadoLibre has continued to put up strong growth numbers, the stock has struggled over the last year, falling 36% in a steady decline.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool