Mercadolibre Earnings: It's My Third-Largest Position for This Reason
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- Опубликовано: 1 май 2024
- In this video, I will be talking about MercadoLibre stock recent earnings report and why it might be the best e-commerce stock to own right now. Is Meli stock a buy now?
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This management team is incredible. I haven't sold a single share. Very positive outlook for the company.
Same
Its now down 10% during the day. Any advice? Buy, Hold, Sell?! Thank you for your efforts.
It's up 9%. I'm not selling a share
@@CouchInvestor thank you 👍
About 9 months ago I had a few drinks... and posted a crazy unrealistic expectation for MELI after earnings and you basically laughed at me.
It was well deserved, because you should NEVER trade stocks after drinking LOL.
Anyway, I'm glad you're still covering this stock, you're one of the few who cover it, and like it, like me.
I hope you keep covering it, so I can measure my opinions against yours.
Of course I will. It's my #3 position :)
Would you say this is a good moment to open a position?
Start small
Thanks @@CouchInvestor, although small here is anive 1600 usd 😂
@@gsusmv3065 Maybe wait for the next pullback as its a little overbought now
Any comment on Amazon's presence in Mexico and Brazil? I know they have been there for more than a decade now. Would love your thoughts on the competition.
You've answered the question ;) They've been there for a while but Meli keeps winning
@@CouchInvestor True. Though I read a research piece which showed Amazon's market share in Mexico City specifically just behind MELI's. Grain of salt always on these things, but something to watch I guess