By Mill Chart
Last update: Jan 8, 2024
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 employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.
Overall MELI gets a fundamental rating of 6 out of 10. We evaluated MELI against 34 industry peers in the Broadline Retail industry. While MELI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MELI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, MELI could be worth investigating further for growth 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.
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.
MERCADOLIBRE INC
NASDAQ:MELI (4/26/2024, 7:03:09 PM)
After market: 1406 0 (0%)1406
+42.17 (+3.09%)
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