Today, analysts Austin Smith and Andew Tonner discuss the impressive earnings results from emerging-market play Mercadolibre. After taking a 32% haircut over the past three months, the company's valuation is beginning to look attractive. The eBay of Latin America has a proven business model and the ability to ride out fears of slowing emerging-market growth.

Regardless of your short-term view on the Chinese economy, there may be opportunity in Baidu (aka the  "Chinese Google"). Our brand-new premium report breaks down the dominant Chinese search provider's strengths and weaknesses. Just click here to access it now.