Why is MercadoLibre so expensive?

MercadoLibre is the largest fintech platform and the leading e-commerce marketplace in Latin America. As more consumers join, MercadoLibre and Mercado Pago become more valuable to all merchants, because they have access to more buyers.

What is MercadoLibre?

Mercadolibre is the largest ecommerce and payments ecosystem in Latin America enabling users easier and better ways to pay and sell with the purpose of democratizing commerce and payments in the region. It is present in 18 countries including: Argentina, Brazil, Mexico, Colombia, Chile, Venezuela and Peru.

Is Meli a good stock to buy?

MELI is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. MELI has a Growth Style Score of A, forecasting year-over-year earnings growth of 3525% for the current fiscal year.

How good is MercadoLibre?

MercadoLibre has a consumer rating of 2.9 stars from 10 reviews indicating that most customers are generally dissatisfied with their purchases. MercadoLibre ranks 105th among Marketplace sites.

Is Meli overpriced?

In short, the stock of MercadoLibre (NAS:MELI, 30-year Financials) is estimated to be modestly overvalued. The company’s financial condition is fair and its profitability is fair. Its growth ranks better than 80% of the companies in the industry of Retail – Cyclical.

Can I buy MercadoLibre stock?

MercadoLibre, Inc. is an e-commerce company. , you can buy MercadoLibre Inc stock in any dollar amount, or any other fund or stock you know on Stash.

How does MercadoLibre make money?

Source: World Bank, IMF, eMarketer 2019. Sellers pay commissions on successful transactions, equal to a percentage of the value of an item (or GMV). Credit solution to provide cash advances and working capital loans to professional sellers and loans to MercadoLibre buyers.

What ETF has Meli stock?

(MELI) exposure | ETF.com….ETFs with the most MELI shares.

How can I buy MELI stock?

Find the stock by name or ticker symbol – MELI – and research it before deciding if it’s a good investment for you. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. Check in on your investment.

Will MELI go up?

Will MercadoLibre stock price grow / rise / go up? Yes. The MELI stock price can go up from 1503.960 USD to 2116.010 USD in one year.

How much is Marcos Galperin worth?

6.4 billion USD (2021)
Marcos Galperin/Net worth