MercadoLibre, Inc. (NASDAQ:MELI)

ajbakerjr (< 20) Submitted: 6/1/2011 12:56:59 PM : Start Price: $89.63 MELI Score: -15.90

You don't usually get second chances at once in a lifetime opportunities, but as the world's emerging markets come of age, they will play out their own versions of the internet, digital and wireless revolutions we've already experienced in the US. As they do, companies like MELI will emerge as the Microsoft, eBay and Google investment opportunities most of us missed the first time around. While we in the States have already "been there" and "done that", our neighbors to the South are just coming into their own as far as capability and consumer appetite for e-commerce and online payments. As the "eBay of Latin America" MELI is one of the rare instances of lightning striking twice in the same industry, and this time...I'm choosing to ride the lightning.