2024-04-10 09:29:52 ET
Summary
- MercadoLibre is a dominant player in the e-commerce market in LatAm. Additionally, it has competitive advantages that are difficult to replicate, such as its logistics.
- Among its highly representative peers, the company has the highest margins, the highest ROE, and excellent prospects for new businesses, such as advertising revenue.
- Finally, MercadoLibre trades at the lowest PEG in the last two years, which could be a good investment opportunity.
Investment Thesis
I recommend buying MercadoLibre shares ( MELI ), which are trading below their PEG over the last two years. Additionally, the company has strong competitive advantages and has found an excellent new avenue for growth via ads revenues....
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For further details see:
MercadoLibre: New Avenues With Ads And Hope With Argentina