What I'd Buy Instead of Chasing the Magnificent 7 [Yahoo! Finance Canada]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Yahoo! Finance Canada
Neither do a lot of other beginner investors, some of whom may wonder why they're still referred to as magnificent after their awful year-to-date performances. Undoubtedly, the group of seven previously outperforming stocks has tumbled off the podium, and it's been painful for just about every investor, given the exposure that the average investor has to the names. Whether you're an index investor, a stock picker, or a combination of the two, odds are you're already invested in the names and their most recent downfall. Just because they're in a tough spot, though, does not mean they should be counted out of the game or that their magnificent descriptor ought to be changed. I've heard the lag seven and other clever variants, but at the end of the day, the latest pressure the previously heated names have been through is just par for the course. Corrections and bear markets are potholes on the market road, and they're not out of the ordinary. What's most important, at least in my vie
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MELI
Earnings
- 2/24/26 - Miss
MELI
Sec Filings
- 3/2/26 - Form 4
- 2/25/26 - Form 10-K
- 2/24/26 - Form 8-K
- MELI's page on the SEC website