Jim Cramer Says Buy Mercadolibre (MELI)
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Price: $1,696.56 +0.68%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +11.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +11.2%
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Last night on Mad Money, Jim Cramer suggested that investors that want to seek a safe foreign stock, should look at Mercadolibre (Nasdaq: MELI). He thinks Mercadolibre could more than double.
Mercadolibre processes ecommerce transactions, which is a great business and an even better business in Latin America, where it's headquartered.
Mercadolibre processes ecommerce transactions, which is a great business and an even better business in Latin America, where it's headquartered.
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