MELI - Could This Bull Market Buy Help You Become a Millionaire?
2024-02-16 05:14:00 ET
Shares of Latin America-based e-commerce and fintech company MercadoLibre (NASDAQ: MELI) are almost done making an impressive round trip. The stock had plummeted nearly 75% from its 2021 highs but has come within striking distance of a full recovery just three years later.
But a business lies beneath the stock that's wildly different now than back then. Investors may not realize how much upside there is for MercadoLibre. It took a new bull market to reinvigorate the share price, but the stock could just be getting started.
Here's why MercadoLibre is a bull market buy that could help you become a stock market millionaire over the long term.
For further details see:
Could This Bull Market Buy Help You Become a Millionaire?