3 Reasons to Buy BCE Stock Like There's No Tomorrow [Yahoo! Finance Canada]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Yahoo! Finance Canada
If there is one company that is struggling on the TSX today more than others, it has to be BCE TSX:BCE ). BCE stock has dropped dramatically in share price, and investors are quite worried about the future of the stock's share price. And they should be. However, that doesn't mean long-term investors should avoid the stock completely. Today, let's look at some reasons why investors actually should see this low share price as an opportunity rather than a warning. Understanding why Before we get into the reasons why investors would want to pick up BCE stock, it's important to understand what's going on in the first place. BCE stock's The company's revenue growth has stagnated, with recent quarters showing minimal increases or even declines. This is partly due to a maturing market and competition. ADVERTISEMENT However, this was made worse as government regulations forced BCE to share its infrastructure with competitors, limiting its growth potential and profitability. Addition
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News
- MercadoLibre's FY24 revenue expected to triple from FY21 - analyst [Seeking Alpha]Seeking Alpha
- 2 TSX Stocks to Buy in 2024 and Hold for the Next 10 Years [Yahoo! Finance Canada]Yahoo! Finance Canada
- MercadoLibre, Inc. (NASDAQ: MELI) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $2,100.00 price target on the stock, up previously from $1,400.00.MarketBeat
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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