The following video is part of our "Motley Fool Conversations" series, in which senior analyst Matt Argersinger and analyst Paul Chi discuss topics across the investing world.

In today's edition, Matt and Paul discuss MercadoLibre, the so-called "eBay of Latin America." There is a lot of investor excitement around the name, and for good reason. MercadoLibre's revenue and earnings are growing at a tremendous rate and it's currently the largest online commerce platform in countries such as Brazil, Mexico, and Argentina. But this has also led to a very expensive stock price at nearly 14 times sales and 60 times earnings. MercadoLibre reports earnings this week. Watch the video below to see what Matt is watching for and to see if MercadoLibre still makes sense even at today's lofty price.

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Matthew Argersinger has no positions in the stocks mentioned above. Paul Chi has no positions in the stocks mentioned above. The Motley Fool owns shares of MercadoLibre. Motley Fool newsletter services recommend eBay and MercadoLibre. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.