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

We came across a bullish thesis on MercadoLibre, Inc. on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on MELI. MercadoLibre, Inc.'s share was trading at $2,373.89 as of July 31^st. MELI’s trailing and forward P/E were 58.40 and 45.87, respectively according to Yahoo Finance.

[caption id="attachment_1195939" align="aligncenter" width="768"] A customer using their phone to access an online commerce platform.[/caption]

MercadoLibre (MELI) stands as Latin America’s dominant e-commerce and fintech platform, delivering 37%...