MercadoLibre Stock News

Equity analysts in Manhattan have a difficult time imagining the logistics needs in Brazil.

The e-commerce company's heavy spending won't last forever, but the growth it produces will.

In 3Q24, net revenue grew 4.7% q/q and 35% y/y. However, operating margins were impacted by investments in credit and logistics. MercadoLibre continues to expand its competitive advantages, including credit and logistics operations (five new distribution centers in Brazil and one in Mexico). With a PEG of 1.76x, close to two-year lows, the valuation indicates a buying opportunity despite the el...

I reaffirm my "Buy" rating for MercadoLibre stock, despite a Q3 EPS miss, due to its strong long-term growth potential and undervaluation. MercadoLibre's Q3 2024 report showed solid growth in e-commerce and fintech, with a 35% YoY revenue increase and significant market share gains in Brazil and Mexico. The company's strategic investments in logistics and credit expansion are expected to drive ...

Investors could not find any enthusiasm in the company's latest reported figures.

2024 has been an exceptional year for equities, with the S&P500 up 21.3% YTD, driven by a strong economy, full employment, and an AI investment narrative. Despite relatively high valuations, few high-quality stocks have sold off recently. ASML's recent decline presents a long-term buying opportunity despite short-term challenges in the semiconductor industry and delayed growth expectations.

Patiently holding these stocks could pay off massively down the road.

MercadoLibre continues to prioritize long-term growth over short-term profitability, leading to a 16% stock decline despite strong revenue and operational performance. Third-quarter results showed 35% revenue growth, with significant contributions from all regions and business lines. MELI's management is focused on seizing long-term opportunities, similar to Amazon, rather than managing quarter...