Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, South American online auction operator MercadoLibre (Nasdaq: MELI) has earned a respected four-star ranking.

With that in mind, let's take a closer look at MercadoLibre's business and see what CAPS investors are saying about the stock right now.

MercadoLibre facts

Headquarters (founded) Buenos Aires, Argentina (1999)
Market Cap $3.7 billion
Industry Internet software and services
Trailing-12-Month Revenue $340.7 million
Management Co-Founder/Chairman/CEO Marcos Galperin
CFO Pedro Arnt
Return on Equity (average, past 3 years) 38.4%
Cash/Debt $170.6 million / $240.7 thousand
Dividend Yield 0.5%

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 93% of the 1,121 members who have rated MercadoLibre believe the stock will outperform the S&P 500 going forward.  

Just last month, one of those bulls, mario17, tapped the stock as a timely bargain opportunity:

MercadoLibre has been down since the beginning of the year, mainly because of uncertainty in the world economy, a miss in first quarter profit and a slower economic growth for Brazil, which represents a huge part of its current market. Although all this justify why the recent downside in the stock price, the company still has lots of space for growth in the long term, driven by the growing middle class of Latin America who are getting online. That's why although we can expect volatility in the short run because of economic uncertainty, uncertainty creates buying opportunities, and at today's price I think [MercadoLibre] is set to outperform the S&P 500 in the long term.

If you want market-topping returns, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite a strong four-star rating, MercadoLibre may not be your top choice.

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