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MercadoLibre, Inc. (MELI)
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- Motley Fool
3 Stocks I'm Buying During the NASDAQ Bear Market
It's been a rough year for the NASDAQ Composite Index (NASDAQINDEX: ^IXIC), plunging nearly 30% this year. Here are three stocks I'm looking at buying as their long-term opportunities are still intact while their share prices are well off their highs: Alphabet (NASDAQ: GOOG), MercadoLibre (NASDAQ: MELI), and CrowdStrike (NASDAQ: CRWD). Alphabet (formerly known as Google) is a huge conglomerate of businesses, but its primary focus is advertising.
- Motley Fool
1 Unstoppable Stock for the Stock Market Sell-Off
The Federal Reserve just raised interest rates by 75 basis points for the third consecutive time and promised to continue raising them for the foreseeable future. It also intends to continue selling the trillions of dollars in U.S. Treasuries it has accumulated over the last 15 years during its period of "quantitative easing," so the stock market is anticipating the Fed will knock the economy into an official recession. Investors rightly get nervous from the uncertainty these market conditions create, yet those who are savvy enough understand just what a stock market sell-off represents.
- Motley Fool
3 Top E-Commerce Stocks to Buy Right Now
MercadoLibre is the largest player in the Latin American e-commerce market. MercadoLibre's commerce sales increased 23% to $1.4 billion in the second quarter (ended June 30), accounting for more than half of the company's $2.6 billion revenue in that period. Total quarterly revenue climbed 53%, proving that MercadoLibre has more to offer than just a booming e-commerce business.
