Why I Own Mercado Libre Stock

By Zane Fracek and Will Healy – Feb 20, 2023 at 8:36AM

NASDAQ: MELI

MercadoLibre

Market Cap

$69B

Today's Change

(3.09%) $42.17

Current Price

$1,406.00

Price as of April 26, 2024, 4:00 p.m. ET

Mercado Libre's free cash flow is moving higher. Is now the time to buy?

Motley Fool contributor, Will Healy, analyzes the advantages and risks of owning Mercado Libre (MELI 3.09%) stock. This e-commerce giant finds synergies between shopping, shipping, and payments.

*Stock prices used were the midday prices of Feb. 17, 2023. The video was published on Feb. 19, 2023.

Will Healy has positions in MercadoLibre. Zane Fracek 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. Zane Fracek is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.