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MercadoLibre at $1,700 a Share: Why This Investor Still Buys
Original: MercadoLibre Costs Around $1,700 a Share. Here's Why I'd Still Buy One.
Motley Fool argues MercadoLibre, trading around $1,700 per share, remains a buy despite its steep price. The Latin American e-commerce and fintech company's growth prospects are cited as justification, with the piece suggesting the stock's valuation is warranted by its expansion across the region and continued momentum in digital payments and online retail.
Why now: Investors are weighing whether MercadoLibre's high share price still offers upside given its growth in Latin American e-commerce and fintech.
Evidence
- MercadoLibre Costs Around $1,700 a Share. Here's Why I'd Still Buy One. · The Motley Fool
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