MercadoLibre: Entry Price Prohibitive In The Near Term (Rating Downgrade) (NASDAQ:MELI)

Date:


Mercado Livre van delivers products

Leila Melhado

MercadoLibre’s (NASDAQ:MELI) shares have been trailing the market over the past year, despite consistently executing on its hyper-growth trajectory.

With revenues growing by approximately 40% during the period, and profit more than doubling, the valuation problem is becoming increasingly clear.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Joe Biden Might Have Just Saved America

In a week that has been an epic...

Navy fighter pilots, sailors return home after months countering intense Houthi attacks

U.S. Navy fighter pilots came home to Virginia...

Biden is teetering. Trump’s plan? Let it happen.

13 minutes agoBy Holly Honderich, in WashingtonGetty Images"Yes, it will...