Mercadolibre Earnings: It's My Third-Largest Position for This Reason

By Neil Rozenbaum – May 3, 2024 at 9:07AM

NASDAQ: MELI

MercadoLibre

Market Cap

$89B

Today's Change

(0.58%) $10.02

Current Price

$1,749.17

Price as of May 17, 2024, 4:00 p.m. ET

There's a simple reason why this is one of my top holdings.

In this video, I will be talking about MercadoLibre's (MELI 0.58%) recent earnings report and why it's one of my highest-conviction stocks.

*Stock prices used were from the trading day of May 2, 2024. The video was published on May 2, 2024.

Neil Rozenbaum has positions in MercadoLibre. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy. Neil 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.