Previous close | 172.13 |
Open | N/A |
Bid | 0.00 |
Ask | 0.00 |
Strike | 540.00 |
Expiry date | 2022-08-19 |
Day's range | 172.13 - 172.13 |
Contract range | N/A |
Volume | |
Open interest | 2 |
The reopening headwind affected every company in the e-commerce industry, including MercadoLibre Inc (NASDAQ: MELI). MercadoLibre has been an e-commerce powerhouse. MercadoLibre's success is remarkable since even the e-commerce juggernaut Amazon -- despite its success in many regions, including North America and Europe -- couldn't match its smaller peer in Latin America.
Among Amazon, Shopify, and Tesla stands one company that's simply never been cheaper and is begging to be bought.
If investors can get their hands on the stocks that are building something much bigger, there's usually an outsized opportunity to benefit. There are plenty of reasons why Amazon might deserve a spot on your current buy list, but I think one of the most compelling is the company's Amazon Web Services (AWS) cloud computing business.