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Pullback Creates an Opportunity for ‘The Amazon of Latin America'

Written by MarketBeat Staff
July 11, 2023

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Should You Invest $1,000 in MercadoLibre Right Now?

Before you consider MercadoLibre, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MercadoLibre wasn't on the list.

While MercadoLibre currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
MercadoLibre (MELI)
4.6991 of 5 stars		$1,829.550.0%N/A49.73Moderate Buy$2,272.00
Amazon.com (AMZN)
4.9586 of 5 stars		$247.53-0.4%N/A19.91Moderate Buy$323.26
Alibaba Group (BABA)
4.9474 of 5 stars		$108.19-1.1%0.95%26.18Moderate Buy$187.45
JD.com (JD)
4.9474 of 5 stars		$26.93-0.6%3.64%18.69Moderate Buy$35.25
eBay (EBAY)
4.1238 of 5 stars		$108.820.7%1.14%22.52Hold$117.24
Compare These Stocks  Add These Stocks to My Watchlist 

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