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Stock impact report

What Is One of the Best Consumer Goods Stocks to Hold for the Next 10 Years? [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than MercadoLibre › MercadoLibre (NASDAQ: MELI) stock has been a phenomenal performer for investors. Over the last decade, a $10,000 investment would have grown to $176,000 at the time of this writing. Despite this run, the leading e-commerce operator in Latin America still has tremendous growth opportunity. Wall Street continues to underestimate this high-growth business. Here's why investors could see substantial gains over the next decade. MercadoLibre's competitive moat continues to widen. It has successfully expanded beyond its core e-commerce marketplace by layering in other fintech services , including credit cards and mobile payments. It's creating a financial super app in one of the world's fastest-growing e-commerce markets. It's for these reasons that the company continues to post numbers that are usually reserved for start-ups. Gross merchandise volume grew 35% year over year last quarter on a currency-neutral basis. This translated to yea Show less Read more
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