MELI News and Press, MercadoLibre Inc. From 05/20/24

2024-05-20 12:50:31 ET Jefferies assumed coverage of MercadoLibre ( NASDAQ: MELI ) with a Buy rating as revenue for the online commerce company is expected to triple in 2024 from its 2021 peak with the company’s assets becoming increasingly financial in nature.... Read ...

2024-05-20 12:00:06 ET Alex Wright from Jefferies issued a price target of $2,100.00 for MELI on 2024-05-20 09:57:00. The adjusted price target was set to $2,100.00. At the time of the announcement, MELI was trading at $1766.715. The overall price target consensus is at ...

2024-05-19 03:00:00 ET For those who have been holding shares of Latin American e-commerce and fintech business MercadoLibre (NASDAQ: MELI) over the last five years: Congratulations, it's been an enriching ride. The stock is up roughly 200% during that time as its business has boome...

2024-05-16 15:38:13 ET Summary Project $1M is a long-term buy-and-hold portfolio that aims to turn $275K into $1M by 2025 and outperform the S&P 500. 2024 has seen a positive start to the year. What's old is new - A new addition to the portfolio is a name that has been in ...

2024-05-15 23:01:50 ET Summary PDD via Pinduoduo is a Chinese marketplace that directly connects producers with retail customers and has achieved significant growth and profitability in a short time frame. PDD launched Temu in 2022 to connect Chinese manufacturers to international...

2024-05-15 05:25:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron FinTech Fund outperformed the FactSet Global FinTech Index in Q1 2024, rising 6....

2024-05-10 04:48:12 ET Summary Argentina's wave of capitalism appears to be attracting investors, with the Global X MSCI Argentina ETF up 58% in the past 12 months. ARGT is the top country ETF year over year, with assets under management growing from $55 million to over $275 milli...

2024-05-10 03:40:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Global Advantage Fund gained 3.6% during the first quarter, compared to the 8.2%...

2024-05-08 06:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Accountability is important when it comes to investing. We all tend to remember our winners and ignore the losers. It can create a bias when discussing whether a strategy is worth following. Or...

2024-05-08 04:25:00 ET Amazon has been one of the best-performing stocks in the history of the stock market, and new advances in artificial intelligence (AI) have created a new wellspring of opportunity for the e-commerce king. However, while Amazon may continue to grow and gain, th...