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Stock impact report

3 Factors That Keep Driving MercadoLibre's Strong Growth [The Motley Fool]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
3 Factors That Keep Driving MercadoLibre's Strong Growth The Latin American e-commerce giant's stock has doubled so far this year, but it could just be getting started. Last year was a difficult one for MercadoLibre ( NASDAQ:MELI ) , but the Latin American e-commerce giant has, so far, made 2019 look easy. The stock price has more than doubled as management made good on its promise to return to profitability , helping put the market's fears to rest. And this may just be the beginning for MercadoLibre. There are a number of demographic and operational drivers that could push the company to even greater all-time highs over the rest of 2019 and for years to come. Here are three factors investors should make note of as they gauge the massive opportunity ahead for MercadoLibre. One mistake investors can make is to base their investment decisions on their own experience and not consider that life may be starkly different outside that experience. U.S. consumers take the internet for granted Show less Read more
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