Added to YB: 2024-01-16
Pitch date: 2024-01-14
MELI [bullish]
MercadoLibre, Inc.
+21.54%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$105.2B
Pitch Price
$1.7K
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.94
P/E
50.64
EV/Sales
4.24
Sector
Broadline Retail
Category
growth
Show full summary:
MercadoLibre: Can It Double Revenues Every Three Years As It Transforms A Continent?
$MELI: Dominant LatAm e-commerce player sustaining ~35% rev growth despite risks. Q3 revs +35%, on track for $14.5B+ '23 with path to double in 3yrs. High 70 P/E justified by elite growth & strategic position in massive, under-penetrated mkt. Initiate pilot position @ $1431.
Read full article (14 min)