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A big lead, a sticky platform, and big tailwinds.
MercadoLibre (MELI 3.09%) stock is up big in 2023, but still below its all-time highs. In this video, Motley Fool contributors Jason Hall and Jeff Santoro share two reasons it's an absolute buy, as well as a word of caution investors would do well to consider before buying.
*Stock prices used were from the afternoon of Sept. 19, 2023. The video was published on Sept. 24, 2023.
Jason Hall has positions in MercadoLibre. Jeff Santoro has positions in MercadoLibre. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy. Jason Hall 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.
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