5 Most Undervalued Large Cap Stocks To Buy According To Wall Street

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1. MercadoLibre, Inc. (NASDAQ:MELI)

Latest Share Price Upside: 32%

Analyst Average Share Price Target: $1,632

MercadoLibre, Inc. (NASDAQ:MELI) is a Uruguayan retailer that operates electronic commerce and payment platforms. The shares are rated Strong Buy on average and analysts have penned in a 32% upside.

77 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had held a stake in MercadoLibre, Inc. (NASDAQ:MELI). Out of these, the biggest shareholder is David Blood and Al Gore’s Generation Investment Management due to its $687 million investment.

Follow Mercadolibre Inc (NASDAQ:MELI)

Disclosure: None.  You can also take a look at 11 Most Undervalued Bank Stocks To Buy According To Wall Street Analysts and Wall Street Analysts Are Bullish on These 10 Stocks with Increasing Price Targets.

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