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Why MERCADOLIBRE INC (NASDAQ:MELI) qualifies as a high growth stock.

By Mill Chart

Last update: Sep 4, 2023

In this article we will dive into MERCADOLIBRE INC (NASDAQ:MELI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed MERCADOLIBRE INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Some of the growth metrics of NASDAQ:MELI highlighted

  • MERCADOLIBRE INC demonstrates a strong Return on Equity(ROE) of 33.61%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. MERCADOLIBRE INC shows promising potential for continued success.
  • MERCADOLIBRE INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
  • MERCADOLIBRE INC has demonstrated strong 1-year revenue growth of 37.48%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
  • The recent q2q revenue growth of 31.5% of MERCADOLIBRE INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • With a favorable trend in its operating margin over the past year, MERCADOLIBRE INC demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
  • The free cash flow (FCF) of MERCADOLIBRE INC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
  • The recent financial report of MERCADOLIBRE INC demonstrates a 112.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • The average next Quarter EPS Estimate by analysts was adjusted by 20.74%, reflecting the evolving market expectations for the company's EPS growth.
  • In the most recent financial report, MERCADOLIBRE INC reported a 112.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • accelerating EPS growth for MERCADOLIBRE INC: the current Q2Q growth of 112.0% exceeds the previous year Q2Q growth of 77.37%.

Fundamental Analysis Observations

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to MELI. MELI was compared to 34 industry peers in the Broadline Retail industry. MELI scores excellent on profitability, but there are some minor concerns on its financial health. MELI is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make MELI suitable for growth investing!

Our latest full fundamental report of MELI contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.



NASDAQ:MELI (11/24/2023, 6:51:12 PM)

After market: 1535.5 0 (0%)


+10.5 (+0.69%)


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