MercadoLibre Stock Is Up 50%—Buy, Hold, Or Sell?

  • MercadoLibre Inc (NASDAQ: MELI), frequently referred to as the “Amazon of Latin America,” runs the largest online marketplace in the region—and has consistently been increasing its market share for the last three years. Similar to Amazon (NASDAQ: AMZN) or eBay (NASDAQ: EBAY), it provides a wide range of products from electronics to clothing to home essentials.