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Stock impact report

Cathie Wood Is Buying These Hot Growth Stocks -- Should You? [The Motley Fool]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
Several factors have contributed to Cathie Wood's success, but one of the most important is her mindset. Rather than placing short-term price targets on equities or attempting to time the market, Wood's asset management firm (ARK Invest) seeks out innovative businesses that make good long-term holdings.To that end, ARK recently bought shares ofMercadoLibreNASDAQ:MELIUiPathNYSE:PATHImage source: Getty Images. MercadoLibreMercadoLibre operates the leading online marketplace and digital payments ecosystem in in Latin America. Its platform serves 70 million active users across 8 countries, including Brazil, Argentina, and Mexico, the three largest markets in the region by gross domestic product.To supplement its commerce business, MercadoLibre also offers advertising, financing, and logistics support, as well as cloud-based software that helps sellers build online storefronts. These services make MercadoLibre's platform even more convenient, and they're gaining traction with clients. In Q Show less Read more
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