Should You Buy Mercado Libre Stock Right Now?

By Parkev Tatevosian, CFA – Mar 28, 2025 at 5:45AM

NASDAQ: MELI

MercadoLibre

Market Cap

$119B

Today's Change

(2.07%) $48.60

Current Price

$2,399.74

Price as of July 18, 2025, 11:09 a.m. ET

Mercado Libre (MELI 2.07%) is sometimes known as the Amazon (AMZN 0.08%) of Latina America because it operates in similar categories.

*Stock prices used were the afternoon prices of March 25, 2025. The video was published on March 27, 2025.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends Amazon, MercadoLibre, and PayPal. The Motley Fool recommends the following options: long January 2027 $42.50 calls on PayPal and short March 2025 $85 calls on PayPal. 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.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services