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

We came across a bullish thesis on MercadoLibre, Inc. (MELI) on Substack by The Wolf of Harcourt Street. In this article, we will summarize the bulls’ thesis on MELI. MercadoLibre, Inc. (MELI)'s share was trading at $2223.35 as of Feb 24^th. MELI’s trailing and forward P/E were 58.99 and 50.76 respectively according to Yahoo Finance.

[caption id="attachment_1195737" align="aligncenter" width="768"] An e-commerce platform displaying a wide range of products to customers online.[/caption]

MercadoLibre (MELI) delivered an outstanding financial performance, with revenue surging 37%...