MercadoLibre (NASDAQ: MELI) has already been a big winner for investors who got in years ago. But it still has massive growth potential, as well as several newer businesses still in the relatively early stages of their evolution. In this video, I’ll discuss why MercadoLibre is one of the largest investments in my own stock portfolio and some of the reasons its best days could still be ahead of it.
*Stock prices used were the morning prices of Dec. 12, 2024. The video was published on Dec. 14, 2024.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Matt Frankel has positions in Amazon and MercadoLibre. The Motley Fool has positions in and recommends Amazon and MercadoLibre. The Motley Fool has a disclosure policy.
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