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Why This High-Powered Growth Stock is My Biggest Single Investment

MercadoLibre has a dominant lead in Latin America. One investor thinks it's just getting started.

By Jason Hall and Jeff Santoro – Aug 21, 2022 at 6:17AM EST

MercadoLibre (NASDAQ:MELI) has been a market-crushing investment. Over the past decade, it has delivered over 1,100% in total returns, more than 3X the S&P 500 over the same period. In the video below, Jason Hall and Jeff Santoro discuss how it's grown to become Jason's biggest stock holding, and why he's still buying shares in this market-beater.  Check out the video, and if you're looking for more great stock ideas, click on the special link below. 

*Stock prices used were the afternoon prices of August 12, 2022. The video was published on August 19, 2022. 

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

Jason Hall has positions in MercadoLibre. Jeff Santoro has positions in MercadoLibre. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through Fool.com/thesmattering, he will earn some extra money that supports his/her channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

MercadoLibre Stock Quote
MercadoLibre
NASDAQ: MELI
$1,870.82
(+1.61%)+$29.68

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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