MercadoLibre, Inc. (MELI)

This account tracks the fast-growing shakers and movers and some of the riskier stocks on my watch list.

A young GOOGLE/AMAZON in the heart of one of the worlds major emerging markets. Excluding political instability, or gross mismanagement, I don't see a long term down side here.

Plenty of room for growth in a company that has already demonstrated how fast it can grow

Growth in the future.

The next major online market place for Central and Latin America. Solid financials as well

MELI is the EBAY equivalent in Latin America. The region is experiencing rapid growth and this firm is poised to take advantage of this growth

Many more Latino's are buying on-line, as more people are getting connected/online. MELI reported 69% more revenue in Q109 compared to Q108. in Venezuela alone. This is a worldwide trend and LatAm is just getting up to speed.
See also http://www.cadenaglobal.com/noticias/default.asp?Not=221720&Sec=13.

growing internet commerce in latin america

I was reading a Fool article that mentioned MELI and it got my attention. I dug around a little and decided to put it in my CAPS portfolio.

Are you kidding? At the rate internet usage is increasing in South and Central America a company which acts as a amazon/ebay/craig's list is a no brainer.

Well down on a P/E that exceeded 80 prior to the bear market, this one combines several virtues. It's an obvious growth pick with added bells. Well diversified over all Latin American countries, it offers a nice short position against the US Dollar which I consider to be at the top of a long decline. The diversification of the stock is not just geographical though as the business is built on auction sales, fixed-cost sales and payments. So that would be eBay, Amazon and PayPal all rolled into one with no end in sight growth-wise. Gimme gimme gimme!

Ebay, amazon and Craigs List all over again? Probably not but get any part of it and this will really take off. It is pretty stupid for anyone to think it would be an AMZ or something like that. South American sales will boom but not as fast and far as the US dot-bubble.

Latin American eBay? Yes.

very healthy financials!!

Hightech in Brazil

Down 17% today on revenue disappointment, no doubt due to weak economy, not inherent to the company. This is the Latin version of Ebay or Amazon, except early entry and still cheap -- in the value sense. Wait a year or two, & it could easily be a multi-bagger.

MELI is the Craig's List, eBay, Amazon and Paypal of Latin America all rolled up in one. They are the number one or number two provider in most of the countries they serve. Latin America's internet usage is growing, but has a long way to go to catch up with the percentage of internet users in the US.

With eBay buying GMarket and spinning off Skype I would be willing to bet they eventually buy the 82% of MEIL that they don't already own to compliment their international expansion.

might be bought out very very soon