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MercadoLibre reported its latest quarterly financial results in early May, which impressed investors.
MercadoLibre (MELI 3.40%) is putting together an excellent streak of results even through the economic reopening. Fool.com contributor and finance professor Parkev Tatevosian updates his recommendation on MercadoLibre stock.
*Stock prices used were the afternoon prices of May 5, 2023. The video was published on May 7, 2023.
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. Parkev Tatevosian 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.
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