Spotlight Growth
No Result
View All Result
Thursday, May 19, 2022
  • Login
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Consumer Goods

MercadoLibre (NASDAQ: MELI): Put the “Amazon” of Latin America on Your Watchlist

by admin
May 4, 2022
in Consumer Goods, Opinion
0
MercadoLibre NASDAQ MELI Amazon of Latin America Spotlight Growth

MercadoLibre NASDAQ MELI Amazon of Latin America Spotlight Growth

Latin America is one of the fastest-growing regions on Earth with its 650 million people, and its burgeoning technology sector offers the potential for outsized returns for investors comfortable with emerging markets. The opportunity to buy shares in the Latin American version of Amazon, eBay, Paypal, Venmo, or Shopify certainly sounds like an attractive entry to the region.  What if there was a company that was essentially a rollup of all those companies in one, built and operated in Latin America?  Such a company not only exists but has been a growth monster returning over 264% in the past five years and 3,418% since coming public in 2007 and its name is MercadoLibre, Inc. (NASDAQ: MELI).

MercadoLibre operates throughout Latin America and has operations in Argentina, Uruguay, Bolivia, Chile, Brazil, Mexico, Spain, Colombia, Costa Rica, Dominican Republic, Peru, Panama, Honduras, Ecuador, and Venezuela.  The company trades in the U.S. on the Nasdaq and is headquartered in Buenos Aires, Argentina.

Source: MercadoLibre
Source: MercadoLibre

The company operates five business units including Marketplace, which is a platform for users to sell goods, Mercado Credito which offers lines of credit, an online payment platform called Mercado Pago, and Mercado Shops for users to set up digital storefronts, and Mercado Publicado for digital advertising. The Mercadolibre ecosystem essentially allows users to buy, sell, pay for, advertise, and finance just about any product that can be sold online.

MercadoLibre is simply a sales monster, with $7.07 billion in revenue and $653.29 million in EBITDA generated during 2021.  Even with its historical compound annual growth rate of about 70%, the analyst community still expects the company to generate sales growth of 37.6% in 2022 and 31.5% in 2023.  Only 11 analyst firms provide coverage, so the company still is somewhat unknown despite having a $53 billion market capitalization, perhaps because its operations are outside the United States.

MercadoLibre Monthly Chart; Source: Finviz
MercadoLibre Monthly Chart; Source: Finviz

Like most growth stocks, MercadoLibre has been beaten down in 2022 and is down more than 24% YTD.  General market malaise provides savvy investors an opportunity to pick up shares of a market-leading growth powerhouse that serves a rapidly developing and massive segment of the world.  The company had 139.5 million unique active users, which is huge but still has plenty of room to go to further penetrate the region’s 650 million residents.

The company certainly faces competition from global behemoths like Amazon and Alibaba but as well as smaller Latin American-based companies, but it has a big moat from being a homegrown platform that has served the market since 1999.  Combining the capabilities of companies like Amazon, Paypal, eBay, Shopify, and banking and credit services makes MercadoLibre the undisputed king of Latin America that looks to continue its rapid ascension in an important emerging region.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

Tags: Amazonamazon stockappscommon stockconsumer goodsconsumersday tradingdow jones todaye-commerce stockecommerceemerging growthgrowth stocksinvestinginvesting newsinvestmentLatin America stockMELIMELI stockMercadoLibremicrocap stocksmobileNASDAQnewspublic companysalesservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstock market newsstocksstocks to watchtechTechnologytechnology stockstradingwebull wallstreetbets
  • Trending
  • Comments
  • Latest
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Decentraland (MANA) is the Proof of Concept for the Emerging Metaverse

Decentraland (MANA) is the Proof of Concept for the Emerging Metaverse

November 22, 2021
Alfi NASDAQ ALF Ridesharing Tablet Rollout Spotlight Growth

Alfi, Inc. (NASDAQ: ALF) Climbs 51% After Entering Into Agreement with Miami-Based Fulfillment & Distribution Center For its Ridesharing Digital Tablet Rollout

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Nvidia Ethereum Video Card Crypto

Nvidia Announces New Chip Specifically For Ethereum Mining

0
Grab Holdings NASDAQ GRAB Q1 2022 Results Spotlight Growth

Grab Holdings (NASDAQ: GRAB) Saw Strong Delivery Growth During Q1 2022, Leading to Revenue Growth and Narrowing Losses

May 19, 2022
GTX Corp OTC GTXO Q1 2022 Financial Results Spotlight Growth

GTX Corp (OTC Pink: GTXO) Reports First Quarter 2022 Financial Results and Corporate Summary Update

May 19, 2022
Security Token Group STG Series A 3 Million Spotlight Growth

Security Token Group Raises $3 Million Series A Round Led by Blue Bay Ventures

May 18, 2022
How to Play Market Downturn Spotlight Growth

How to Play the Market Downturn

May 18, 2022

Recent News

Grab Holdings NASDAQ GRAB Q1 2022 Results Spotlight Growth

Grab Holdings (NASDAQ: GRAB) Saw Strong Delivery Growth During Q1 2022, Leading to Revenue Growth and Narrowing Losses

May 19, 2022
GTX Corp OTC GTXO Q1 2022 Financial Results Spotlight Growth

GTX Corp (OTC Pink: GTXO) Reports First Quarter 2022 Financial Results and Corporate Summary Update

May 19, 2022

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • OTC:LUSI
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us
Spotlight Growth

Copyright © 2021 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2021 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested