MELI Stock Recent News

Billionaire Stanley Druckenmiller has a track record that few, if any, investing legends can match. He has never had a year in the red, and he generated average annual returns of 30% over a 30-year period in his career.

In the latest trading session, MercadoLibre (MELI) closed at $1,834.51, marking a -0.08% move from the previous day.

Last year was quite impressive for growth stocks, especially for those tied to advanced artificial intelligence (AI) technologies. The tech-heavy Nasdaq Composite rose by about 28.6% in 2024.

The bull market has pushed the S&P 500 up 22% over the past year, but historically, the popular barometer has averaged about 10% returns annually. One strategy to beat the index is to invest in companies that are growing revenue or earnings at higher rates.

The market indexes continued to soar in 2024, but there are still plenty of excellent companies selling at attractive valuations. With earnings multiples for top growth stocks starting to look frothy, 2025 might be the year to start adding more value stocks to your portfolio.

In the most recent trading session, MercadoLibre (MELI) closed at $1,740, indicating a -1.07% shift from the previous trading day.

My 2024 picks outperformed the market, but growth stocks are volatile; a 10-year investment horizon is essential for success. For 2025, I recommend SoFi Technologies, Galaxy Digital, Upwork, Kinsale Capital, and MercadoLibre as top growth stock picks for risk-tolerant investors. Growth investing requires finding reasonably valued stocks with long-term growth potential, not undervalued stocks; patience and a long-term mindset are crucial.

Pinpointing stocks that can double in a year is difficult. These stocks are usually undervalued and need a significant news story to boost them.

MercadoLibre (MELI 1.14%) has been a great stock for patient long-term investors but has been in a slump since the company's latest earnings report. In the roughly two months since then, MercadoLibre has fallen by about 20%.

MercadoLibre, Inc. NASDAQ: MELI, often referred to as the "Amazon of Latin America," is the largest e-commerce and fintech platform in the region, operating across 18 countries. The company connects millions of buyers and sellers through its extensive online marketplace and a robust suite of services, including digital payments, logistics, and financial solutions.