On Aug 3, Credit Suisse upped their price target and kept MELI at outperform For the past few weeks the technical picture for MELI has improved showing it to be a good time to buy or add. MercadoLibre Price Target Raised to $2050.00/Share From $1824.00 by Credit Suisse
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MELI investment pays off - Earlier this year, MercadoLibre announced an investment of 10 billion reais ($1.91 billion) into logistics in Brazil. Investors were not thrilled with this capital expenditure and it kept the stock price range bound. With today's blowout earnings report MELI has demonstrated the brilliant forward thinking of this infrastructure investment. MELI remains a solid growth pick. https://www.reddit.com/r/MELI_stock
r/MELI_stock: This community is here to discuss the merits of investing in MercadoLibre (MELI). MercadoLibre is essentially the Amazon of Latin …
r/MELI_stock: This community is here to discuss the merits of investing in MercadoLibre (MELI). MercadoLibre is essentially the Amazon of Latin …
www.reddit.com
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Should I keep today or sell? It’s earning so don’t know what to do! Please advice
Great Earnings of $MELI. I think will be see 2k per share very soon!!!!!!!!!
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Scorching earnings report. Kudos!
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Did you ever wonder what it's like to own a stock that is up $100 premarket?! Woo Hoo! Yeah!
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This board seems to be silent. I can't find anything about the earnings announcement. Apparently it did not happen at 4:30PM Tuesday. Did anyone here, find any info?
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yay, woohoo! yipeee!
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$AMZN, $BABA both experienced slow down in the E-Commerce section and revenue missing (very high analyst expectations). Suspect might be the same with $MELI. But I'm bullish and will add if this sells after earnings
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This has got to be considered a blow out right? There are some items in there if you want to nit pick but outstanding overall results. Not sure how much its worth for the share price, but I'll sleep good tonight. GL longs!
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If AMZN cannot make headway in Brazil I expect acquisition talks
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Well done Zacks, you always so precise on your estimations! “MercadoLibre (MELI) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $0.09 per share.”.
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This is a stock to buy and keep for 5 years or more. How to make money? Just buy and hold, it will give you 3-10x your investment.
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"MELI"
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We are approaching our 200 day moving average. If we can crack 1600 and hold it…..back to $2000
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Back to reality $1300. If AMZN can’t achieve the expectation, surely MELI isn’t capable. We shld bottom further and see $1400.
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Crushed estimates…back to $2,000!
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Let's holdddddd $1,600 today, allows us to pass the 200day MA and resistance! Next stop $1,750 then 2k!
MELI remains a solid growth pick.
https://www.reddit.com/r/MELI_stock
Woo Hoo!
Yeah!