In this video, I will be talking about MercadoLibre's (MELI 3.31%) recent earnings report and why it's one of my highest-conviction stocks.
*Stock prices used were from the trading day of May 2, 2024. The video was published on May 2, 2024.
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Mercadolibre Earnings: It's My Third-Largest Position for This Reason
By Neil Rozenbaum
–
May 3, 2024 at 9:07AM
NASDAQ: MELI
MercadoLibre
Market Cap
$120B
Today's Change
(3.31%) $78.46
Current Price
$2,450.44
Price as of June 16, 2025, 3:29 p.m. ET
There's a simple reason why this is one of my top holdings.
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.
Stocks Mentioned
MercadoLibre
MELI
$2,450.44
(3.31%)
$78.46
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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