We recently published an article titled Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where MercadoLibre, Inc (NASDAQ:MELI) stands against the other e-commerce stocks.
The e-commerce sector has been on fire for a while in the post-COVID era, and while it did slow down a little along with most tech stocks, it has recovered significantly due to strong consumer demand. We’ve seen some players like Temu have explosive growth with cheap Chinese products flooding the U.S. market. And while there was a scare of De Minimis being ended, Trump has reinstated it. Moreover, U.S.-based e-commerce companies have also done well.
Global e-commerce sales are projected to hit $6.56 trillion this year and could grow even more in the coming years as AI improves logistics and supply chains. E-commerce companies are also expanding into fintech and cloud computing businesses.
If the broader market continues to do well in the coming quarters, this industry could deliver solid returns for investors. As such, it’s a good idea to look into the stocks spearheading the gains so far this year.
Methodology
For this article, I screened the top-performing e-commerce stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A customer using their phone to access an online commerce platform.
MercadoLibre, Inc (NASDAQ:MELI)
Number of Hedge Fund Holders In Q4 2024: 96
MercadoLibre, Inc (NASDAQ:MELI) is an e-commerce company that operates in Latin America.
The stock is up significantly so far in 2025 as MercadoLibre reported solid Q4 2024 results. Revenue grew 37% year-over-year to $6.06 billion, while EPS reached $12.61, far exceeding analyst expectations of $7.26 per share.
It was driven by robust growth in its e-commerce and fintech segments. Constant-currency sales also increased 96% due to Argentinian inflation.
The consensus price target of $2,385.94 implies 9.71% downside.
MercadoLibre, Inc (NASDAQ:MELI) is up 27.22% year-to-date.
Overall MELI ranks 5th on our list of the e-commerce stocks that are skyrocketing so far in 2025. While we acknowledge the potential of MELI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MELI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
