Should you buy the Latin American e-commerce and fintech giant, or is it set for turbulent times ahead?
MercadoLibre (MELI 1.96%) hasn't exactly been a great performer recently, with shares down by more than 55% from their recent peak. But in this video, Matt Frankel, CFP, explains why he's been building a position in the company over the past couple years.
*Stock prices used were the afternoon prices of Aug. 23, 2022. The video was published on Aug. 23, 2022.
Matthew Frankel, CFP® has positions in MercadoLibre. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy.
Matthew Frankel, CFP, is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/frankel, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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