Here is how MercadoLibre (MELI) and Walgreens Boots Alliance (WBA) have performed compared to their sector so far this year.
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MELI's Q4 strength impresses, but premium valuation gives pause. Investors can hold the stock or find better entry points in 2025 as competition intensifies.
MercadoLibre: Potential Dip Buying Opportunity Ahead - Performance Metrics Continue To Impress
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
MercadoLibre (MELI -1.62%), the Latin America-focused commerce company that offers an e-commerce marketplace, payment solutions, credit products, and more, recently skyrocketed to a fresh all-time high after reporting its latest results. Not only did it grow faster than investors had expected, but the numbers look strong throughout the business and investors seem relieved by the company's excellent profitability.
MercadoLibre's Q4 results show strong growth in both e-commerce and fintech, with Mercado Pago proving competitive against LatAm banks. Despite valuation concerns, MELI's execution and growth potential justify holding the stock, with significant room for expansion. The company's robust performance includes a 129% YoY increase in assets under management and a 27% YoY growth in items sold.
MELI's fourth-quarter 2024 results benefit from a surge in commerce and fintech revenues backed by strong growth in Brazil and Mexico.
MercadoLibre, Inc.'s Q4 performance surpassed expectations, with revenue meeting estimates and margins improving significantly. Argentina's economic stability boosted consolidated results, while Brazil and Mexico continued strong growth. MELI's e-commerce GMV grew 8.2% YOY, despite currency challenges, with a strong performance in Argentina.
MercadoLibre stock broke out of a base and hit a buy point after the company reported its fourth-quarter results. The post MercadoLibre Stock Hits New High As Company Delivers Profits appeared first on Investor's Business Daily.
Shares of MercadoLibre (MELI 8.49%) rose as much as 12.5% on Friday morning, boosted by a great earnings report. By 12:15 p.m.