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1 E-Commerce Stock With Massive Growth Potential

This international e-commerce company is still growing at an impressive pace.

By Matt Frankel, CFP – Aug 10, 2023 at 6:17AM EST

MercadoLibre (MELI 1.83%) has been growing at a rapid pace for some time, and now that the company has become much larger, growth is more impressive than it has been for years. In this video, I'll discuss MercadoLibre's latest results and what investors should know.

*Stock prices used were the afternoon prices of Aug. 7, 2023. The video was published on Aug. 8, 2023.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

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 is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

MercadoLibre Stock Quote
MercadoLibre
NASDAQ: MELI
$1,659.53
(-1.82%)-$30.73

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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