Bulls were pushed out of the arena at seemingly every stop in 2022. However, the bears could be heading for an early hibernation in 2023, with the Nasdaq soaring more than 10% just in January.
Recently, Zacks.com users have been paying close attention to MercadoLibre (MELI). This makes it worthwhile to examine what the stock has in store.
Wouldn't it be nice if investors had an "easy button" like the one that was featured in Staples commercials years ago? Unfortunately, the "easy button" doesn't exist. Actually, Amazon's stock has already begun a rebound, up more than 20% year to date after plunging nearly 50% in 2022.