Could Mercadolibre become the Amazon of Latin America?
MercadoLibre (MELI 1.54%) is an e-commerce and financial technology company operating in Latin America. The stock is down significantly in 2022, with some investors asking whether it's an excellent time to buy MercadoLibre stock.
*Stock prices used were the afternoon prices of Dec. 2, 2022. The video was published on Dec. 4, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy.
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