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MercadoLibre, Inc. (MELI): A Bull Case Theory

We came across a bullish thesis on MercadoLibre, Inc. (MELI) on Substack by Daan | InvestInsights. In this article, we will summarize the bulls’ thesis on MELI. MercadoLibre, Inc. (MELI)'s share was trading at $2584.92 as of May 16th. MELI’s trailing and forward P/E were 63.59 and 52.91 respectively according to Yahoo Finance.

[caption id="attachment_960227" align="aligncenter" width="750"] Photo by CardMapr.nl on Unsplash[/caption]

MercadoLibre (MELI) is the undisputed leader in Latin America’s e-commerce and FinTech sectors, operating in a region still early in its digital...