MercadoLibre's Earnings Report Blew Everyone's Mind (Again)

By Neil Rozenbaum – May 4, 2023 at 10:30AM

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

There's no sign of growth slowing down anytime soon.

In this video, I will be talking about MercadoLibre's (MELI 3.09%) recent earnings report, which showed again and again why this is one of the best companies around right now. Despite macroeconomic challenges, management continues to execute its plan to perfection.

*Stock prices used were from the trading day of May 3, 2023. The video was published on May 3, 2023.

Neil Rozenbaum has positions in MercadoLibre. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy.

Neil 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.