MercadoLibre, Inc. (NASDAQ: MELI) reported late Thursday with first-quarter net revenue of $2.2 billion, up 63% year-over-year. On a currency-neutral basis, the growth amounts to a steeper 67.4%. This is far higher than the 7.3% growth reported by Amazon for the same period.
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Back to 1k
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This is the wildest stock I ever invested in. How can a 40B stock be pushed around some 10% every day, without news? It's traders field day, and all that money must come from somewhere.
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Added another 8 shares today.. plan to keep building my position, remain very bullish on Meli and at these prices I can't help myself it's a no brainer IMO.
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Don’t fight Meli there buying shares the company is defending
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The average PT for this stock is $ 1573. Wow!!!! You cannot blame ordinary investors when you have analysts who supposedly went to school are this wrong. See their names and NEVER follow their advice again
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I am staying far away from MELI - It looks like it is going to drop off a cliff. I actually get way better stocks at (http://Themaxgains.tech)
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This is a lifetime opportunity, long MELI
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Bought 65 shares today plan on holding long term bought at $710 good luck everyone this is a great company
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I changed my stance to 270 on this. That's my value now.
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Woo Hoo....earnings up $2.2B or 67.4% yr. over yr.
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PE 200 😂
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How does a quality company lose a quarter of its value in 5 days on no particular news?
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Enough this is a great company why all the bashing. If you want to short it and make money keep to yourself. None of you care about the valuation all you care about is making money. Who cares what the PE is the company is growing in all aspects and firing on all cylinders until they give a reason why there not worth it then talk. But Meli is great.
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50% growth per year over the next 5 years. This is a $2500 stock in 3 years. mark this post.
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floor level? imo 545
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I want to acknowledge the short holders I understand you’re in some agony right now and you’re a little worried especially if you have 100 plus shares today. But I can assure you the agony will surpass after a few days. Go long on Meli and your agony will be forever gone. Love this company and your agony will be forever gone. Remember this is a wonderful company
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price target of $1500. for sure !
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PE 400+ is not acceptable in this market. Even NVDA PE 50 is not acceptable so do the math
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MELI went from 16,000 employees to 32,000 in 2021, now hiring another 14,000 to 46,000. Excelente! Hiring in Mexico, Brazil, Argentina, Colombia, Chile and Uruguay.
Hiring in Mexico, Brazil, Argentina, Colombia, Chile and Uruguay.