Is MercadoLibre Stock a Buy Now?
(NASDAQ: MELI), the leading e-commerce company in Latin America, has been unstoppable lately. The stock rose more than 50% in the last 12 months alone, bringing its total return to a remarkable 274% in the previous five years.
While existing investors celebrate its outstanding stock performance, potential investors may wonder if they should buy it today to participate in future growth.
Image source: Getty Images.
Source Fool.com
Mercadolibre Inc Stock
€1,877.0
-0.650%
With 32 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1956 € shows a slightly positive potential of 4.21% compared to the current price of 1877.0 € for Mercadolibre Inc.
