MercadoLibre Soars 33% in a Year: Should Investors Buy the Stock Now?
MercadoLibre MELI shares have returned 32.9% in the trailing 12-month period, outperforming the Zacks Retail-Wholesale sector and the Zacks Internet-Commerce industry’s growth of 11% and 19.3%, respectively. MELI shares have been riding on its dominant presence in Latin America and a diversified business model across …