Is MercadoLibre Stock a Buy at $1640? | MELI Stock Analysis 2021

MercadoLibre stock has experienced significant gains over the past few months at ecommerce demand in South America has skyrocketed. MELI is uniquely positioned to capitalize on this trend even more in 2021 as they provide the leading marketplace, shipping options, and digital payment infrastructure to serve this diverse region.

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This stock analysis of Mercado Libre includes a review of the company’s PE ratio, historical valuations, price and EPS targets. I break down all of the key metrics to help you make your own $MELI price forecast.

The following stocks are featured in this video:

MercadoLibre, Inc. (MELI)

Do you think MELI will continue to outperform the stock market in 2021? Share your forecast in the comments.

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