|Bid||1,251.00 x 900|
|Ask||1,286.00 x 1000|
|Day's range||1,250.65 - 1,296.00|
|52-week range||600.68 - 1,365.64|
|Beta (5Y monthly)||1.57|
|PE ratio (TTM)||102.01|
|Earnings date||01 Aug 2023 - 07 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Dec 2017|
|1y target est||1,524.47|
MercadoLibre (MELI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
MercadoLibre (MELI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Despite their early increases in share price year to date, MercadoLibre (NASDAQ: MELI), Ulta Beauty (NASDAQ: ULTA), Pool Corp. (NASDAQ: POOL), and Coupang (NYSE: CPNG) are four of my favorite stocks to add to currently. Offering rejuvenated momentum and reasonable valuations considering their impressive track records of growth, these businesses are set to dominate their niche markets for decades. After reporting its third consecutive all-time high for quarterly net income in the first quarter of 2023, Latin American e-commerce and fintech behemoth MercadoLibre has continued its ascent.
Here is how GameStop (GME) and MercadoLibre (MELI) have performed compared to their sector so far this year.
MercadoLibre (MELI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI) are two titans in the world of e-commerce. Meanwhile, MercadoLibre is at the top of the online-retail space in countries including Brazil and Argentina, and it also has a fast-growing payment processing business. While Amazon's online retail segment still accounts for the large majority of its overall revenue, it's actually its cloud business that is its most important profit generator.
MercadoLibre (MELI) possesses solid growth attributes, which could help it handily outperform the market.
The average brokerage recommendation (ABR) for MercadoLibre (MELI) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
CrowdStrike (NASDAQ: CRWD) is one of the cybersecurity industry's top performers. CrowdStrike's protection is best in class and is powered by artificial intelligence (AI) systems that analyze trillions of signals weekly to determine what is and isn't a threat. While endpoint protection is its primary offering, CrowdStrike offers more than 20 products ranging from cloud security to identity protection.
Retiring a millionaire is a goal for many investors, because it is a threshold many feel is necessary to retire comfortably. When assessing a company's growth potential, it's essential to consider the future operating environment and if the company could be disrupted. CrowdStrike (NASDAQ: CRWD) operates in the cybersecurity industry, which is slated to grow significantly over the coming years due to bad actors ramping up attacks.
Contrary to popular belief, not all tech stocks experienced a massive growth slowdown over the past 18 months. Growth tech stocks like MercadoLibre (NASDAQ: MELI) and Zscaler (NASDAQ: ZS) could drive investor returns as rapid revenue increases and industry leadership bolsters their investment cases. Let's take a closer look at these two supercharged tech stocks and see why each is a buy right now.
In 2020, the pandemic's onset proved a huge boon for e-commerce platforms as people turned to online shopping for their everyday needs. Optimistic investors even anticipated that online sales would perpetually surpass pre-pandemic levels, sustaining rapid expansion. As global economies reopened and people gradually returned to physical shopping, e-commerce companies like Amazon, Etsy, and Shopify have experienced various degrees of slowdown.
At the top of my list of top e-commerce stocks are Shopify (NYSE: SHOP) and MercadoLibre (NASDAQ: MELI). Shopify's product suite includes all the basics to launch an e-commerce store, including inventory tools, credit card processing, and online store templates for just $39.99 per month. After reporting Q1 results and various business moves, investors sent the stock 25% higher.
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Three companies already thriving in this space right now are Shopify (NYSE: SHOP), MercadoLibre (NASDAQ: MELI), and Amazon (NASDAQ: AMZN). Shopify provides a platform for businesses of all sizes to sell their goods and services online, and its share price has surged 70% over the past year as the company has delivered impressive results. Shopify's revenue and earnings outpaced Wall Street's consensus estimate in the most recent quarter, with sales rising 25% to $1.5 billion -- ahead of analysts' consensus estimates of $1.43 billion -- and earnings of $0.01 per share easily outpacing Wall Street's estimate of a loss of $0.04.
Warren Buffett recommends a buy-and-hold investment strategy, and these growth stocks are worth buying right now.
DTC vs. MELI: Which Stock Is the Better Value Option?
MercadoLibre reported its latest quarterly financial results in early May, which impressed investors.
Latin American e-commerce giant MercadoLibre (NASDAQ: MELI) delivered a strong first-quarter earnings report last week. Latin America has one of the fastest-growing internet penetration rates in the world, paving the way for strong consumer adoption of e-commerce and digital payments, as well as corporate adoption of digital advertising. MercadoLibre is often described as the "Amazon of Latin America."
MercadoLibre (NASDAQ: MELI) posted its first-quarter earnings report after the market close on May 3. The Latin American e-commerce and fintech leader's revenue rose 35% year over year (58% in constant currency terms) to $3.
Holding leadership positions in markets buoyed by promising long-term trends, these three stocks should continue firing on all cylinders.
What makes a company unstoppable is its ability to deliver sustainable growth in revenue and profits over the long term. Apple (NASDAQ: AAPL), MercadoLibre (NASDAQ: MELI), and Airbnb (NASDAQ: ABNB) are all showing signs of real staying power, which could lead to many years of magnificent returns. Let's see why these Motley Fool contributors believe these companies are unstoppable.
SE has an ecommerce, online gaming, and digital payments business focused on the Southeast Asian region
A trifecta of tough comps, high inflation, and rising interest rates created a perfect storm of slowing growth and lukewarm demand for nearly every digital retailer -- and their stocks. Net sales for Amazon increased just 9% year over year, but back out the results of Amazon Web Services -- its cloud computing business -- and revenue climbed an even more tepid 6%. If you haven't guessed by now, the company in question is MercadoLibre (NASDAQ: MELI), the leading digital retailer in Latin America.
MercadoLibre's (MELI) first-quarter results reflect benefits from growing commerce and fintech revenues and increasing penetration of managed networks.