1 Ridiculously Undervalued Growth Stock Down 65% to Buy Hand Over Fist [Yahoo! Finance Canada]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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US:NASDAQ Investor Relations:
investor.mercadolibre.com/investor-relations
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Source: Yahoo! Finance Canada
Market volatility can lead to what are otherwise stellar long-term investments to see significant drops. More importantly, these ridiculously undervalued growth picks are often dismissed by investors thanks to that drop. One such example of a ridiculously undervalued growth stock is Cineplex TSX:CGX ), and here's why you may want to reconsider the stock right now. All about Cineplex Cineplex is the largest entertainment company in Canada. That broad classification includes live entertainment, gaming, and its core movie theatre business. The theatre business adheres to a century-old business model that hasn't changed much in the past century. In short, it charges admission to shows and sells concessions to patrons. ADVERTISEMENT That movie-and-popcorn model has come under scrutiny over the past years, leading to a significant stock drop. In short, the issue can be traced back to the proliferation of online streaming services and the pandemic. Those issues have pushed the
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MELI
Earnings
- 5/2/24 - Beat
MELI
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/25/24 - Form DEFA14A
- MELI's page on the SEC website