E-commerce company MercadoLibre (NASDAQ:MELI) has fallen 15% over the last six months on investors' concerns about economic uncertainty in Latin America and the competitive challenge from big U.S. players Amazon.com (NASDAQ:AMZN) and eBay (NASDAQ:EBAY).

However, the company is generating rock-solid performance in spite of economic headwinds, and it still offers exceptional opportunities for growth. Besides, the bears may be underestimating MercadoLibre's competitive strengths.

The slide show below offers some ideas for investors interested in looking at MercadoLibre and its potential for gains in the years ahead.