MELI - 1 Major Emerging Markets Stock That Looks Ready to Soar
2023-04-19 10:15:00 ET
Latin America is a massive region, home to more than 670,000,000 people. People living there are increasingly becoming able consumers as their economies hook into the internet, bringing modern luxuries like e-commerce into the fold.
MercadoLibre (NASDAQ: MELI) has been there since 1999, steadily building a network of fulfillment centers and technology to support the Latin American consumer. Now it looks like MercadoLibre is getting ready to harvest the fruit of its years of work.
Investors looking to be in the right place at the right time should consider adding this emerging markets powerhouse to a diversified long-term portfolio. Here is why.
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1 Major Emerging Markets Stock That Looks Ready to Soar