By Mill Chart
Last update: Nov 6, 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.
ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.
MELI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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 priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make MELI suitable for growth investing!
For an up to date full fundamental analysis you can check the fundamental report of MELI
Our Lois Navellier screen will find you more ideas suited for growth investing.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
MERCADOLIBRE INC
NASDAQ:MELI (4/26/2024, 7:03:09 PM)
After market: 1406 0 (0%)1406
+42.17 (+3.09%)
The market is at a crossroads, transitioning into a new bull market. Investors should consider these unstoppable tech stocks for big gains.
Sea Limited and Mercado Libre are growing rapidly, but only one can be the best growth stock to buy.
Sea Limited and Mercado Libre are growing rapidly, but only one can be the best growth stock to buy.
And that's just part of the interesting news for investors to dig into.
Online sales are not the top growth driver for these e-commerce conglomerates.
Plenty of stocks are still worth buying despite the S&P 500 sitting around all-time highs.
Here are four stocks to buy now that could offer investors upside in the short and long term.
Fintech stocks have multiple, strong, positive catalysts, including consumers increased willingness to use smartphone apps for banking.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Fintech firms focus on using technology to enhance financial services, includin...