By Mill Chart
Last update: Nov 27, 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.
At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.
MELI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 34 industry peers in the Broadline Retail industry. MELI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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 and quality investing!
Our latest full fundamental report of MELI contains the most current fundamental analsysis.
More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.
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 (4/22/2024, 7:14:38 PM)
After market: 1368.23 0 (0%)1368.23
+11.8 (+0.87%)
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