1 Stock Down 14% to Buy on the Dip
Source: Motley Fool
2026-03-04 18:45:00 ET
MercadoLibre (NASDAQ: MELI) , an e-commerce platform operating in Latin America, has faced significant headwinds over the past year. The company's latest quarterly update sent yet another warning to investors, as it missed bottom-line analyst estimates. The stock is now down 14% over the trailing 12 months.
Despite the challenges, though, MercadoLibre could be a terrific stock to buy and hold, especially on the dip.
Image source: Getty Images.
MercadoLibre Inc.
NASDAQ: MELI
MELI Trading
-1.06% G/L:
$1747.51 Last:
154,789 Volume:
$1745.26 Open:
MELI Latest News
March 12, 2026 07:25:00 am
MercadoLibre Is Down 33% in Recent Months. Is This a Once-in-a-Lifetime Buying Opportunity?
MELI Stock Data
$103,345,952,021
50,190,210
N/A
731
N/A
Retail - Discretionary
Consumer Discretionary
UY
Montevideo
