MercadoLibre, Inc. (NASDAQ:MELI)

CAPS Rating: 4 out of 5

An online trading company which focused on enabling e-commerce and its related services.

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Player Avatar totalFoolishness (61.67) Submitted: 6/1/2013 3:32:53 AM : Outperform Start Price: $113.91 MELI Score: -36.66

This South American Amazon like company is partially owned by eBay because eBay realized that they understood their market a lot better than eBay ever could. I have owned this company for over year and I believe that they are proceeding along a course that is moving along with the adoption of the Internet and e-commerce in most of the large South American nations. I think in 10 years this company's market cap will be 4 to 5 times what it is now.

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