|Bid||748.00 x 1000|
|Ask||774.73 x 900|
|Day's range||736.90 - 782.83|
|52-week range||640.00 - 1,970.13|
|Beta (5Y monthly)||1.56|
|PE ratio (TTM)||212.08|
|Earnings date||02 Aug 2022 - 08 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Dec 2017|
|1y target est||1,559.70|
Investors need to pay close attention to MercadoLibre (MELI) stock based on the movements in the options market lately.
The stock market can feel like a scary place right now, but buying quality businesses at today's discounted prices could be a smart move in the long run.
There's an old saying in real estate investing, "You don't make your money when you sell, you make it when you buy." While that's generally used as a real estate quote, it applies quite nicely in bear market environments. In fact, some of the best investment returns I've ever achieved were from shopping for resilient businesses during the initial COVID-19 pandemic crash.