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Stock impact report

Investors Heavily Search MercadoLibre, Inc. (MELI): Here is What You Need to Know [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of this operator of an online marketplace and payments system in Latin America have returned +10.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The Zacks Internet - Commerce industry, to which MercadoLibre belongs, has gained 3.9% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of t Show less Read more
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