1 E-Commerce Stock With Massive Growth Potential

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

NASDAQ: MELI

MercadoLibre

Market Cap

$71B

Today's Change

(3.09%) $42.17

Current Price

$1,406.00

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

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

MercadoLibre (MELI 3.09%) 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.

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.