Topic: How To Invest

Q: Pat, what is your opinion of MercadoLibre (MELI)? Thanks for all your great advice over the years!

Article Excerpt

A: MercadoLibre Inc., $1,425.67, symbol MELI on Nasdaq (Shares outstanding: 50.1 million; Market cap: $71.2 billion;, hosts online commerce platforms and offers payment systems and solutions across Latin America. Based on its unique visitors and page views, the company is a market leader in e-commerce in 18 Latin American countries. They include Brazil, Argentina, Colombia, Chile, Ecuador, Costa Rica, Peru, Mexico, Venezuela and Uruguay. MercadoLibre’s services are designed to provide mechanisms for its users to buy, sell, pay for, and collect on e-commerce transactions. It offers these e-commerce services through six integrated e-commerce and digital financial services: the Mercado Libre Marketplace, the Mercado Pago Fintech platform, the Mercado Envios logistics service, the Mercado Ads solution, the Mercado Libre Classifieds service, and the Mercado Shops online storefronts solution. Here’s how they are connected: The Mercado Libre Marketplace is a fully automated, online commerce platform, which can be accessed through its website and mobile app. This platform enables the company (when it acts as…