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

We came across a bullish thesis on MercadoLibre, Inc. (MELI) on Rijnberk InvestInsights’ Substack by Daan Rijnberk. In this article, we will summarize the bulls’ thesis on MELI. MercadoLibre, Inc. (MELI)'s share was trading at $1716.38 as of Dec 18^th. MELI’s trailing and forward P/E were 60.89 and 39.06 respectively according to Yahoo Finance.

[caption id="attachment_1195737" align="aligncenter" width="1456"] An e-commerce platform displaying a wide range of products to customers online.[/caption]

MercadoLibre (MELI) stands out as a transformative force in Latin America,...