(cache)MercadoLibre: Why I Am Aggressively Buying The Dip (NASDAQ:MELI)

Uruguay

Summary

MercadoLibre's Q3 earnings report showed strong revenue growth but lower-than-expected EPS, causing an 8% stock drop due to temporary headwinds.
Despite short-term issues, MELI remains fundamentally undervalued with significant long-term growth potential in e-commerce, fintech, and digital advertising in Latin America.
The stock's recent decline presents a buying opportunity, supported by favorable valuation metrics and a robust growth outlook.
Technically, MELI may dip further, but long-term prospects and secular growth trends make it a compelling investment.

Leila Melhado

Thesis Summary

MercadoLibre, Inc. (NASDAQ:MELI) just reported Q3 earnings, and the stock is down over 8%. While the company is still growing nicely, investors were disappointed with the lower-than-expected earnings.

Is the slide in profitability a one-off? Or is