We came across a bullish thesis on MercadoLibre, Inc. on Business Ontology’s Substack by Lorenzo Bastianelli. In this article, we will summarize the bulls’ thesis on MELI. MercadoLibre, Inc.’s share was trading at $2,472.91 as of August 29th MELI’s trailing and forward P/E were 61.07 and 47.62 respectively according to Yahoo Finance.
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Mercado Libre reported another strong quarter, with net revenues and financial income rising 34% year-over-year...
