MELI - メルカドリブレ （MercadoLibre Inc.）

https://www.investing.com/news/stock-market-news/mercadolibre-shares-slide-despite-q1-profit-and-revenue-rising-432SI-3073283

Fintech is revolutionizing the banking sector. In fact, artificial intelligence (AI), and blockchain could lead to a far more efficient and accessible system. Fueling the boom, we’re already seeing a good deal of global cashless payments. According to PwC , global cashless payment volumes are expected to jump to more than 80% by 2025. Plus, according to the Pew Research Center , about 40% of Americans have gone cashless, up from 24% in 2015. The number of Americans that still rely on cash is steadily decreasing at the same time, from 18% in 2018 to 14% last year. That benefits the fintech market, which could be worth nearly $699 billion by 2030. That being said, it may be a good time to start accumulating fintech stocks and even ETFs. FinTech ETF (FINX) Source: Beneath Blue / Shutterstock.com When it comes to fast-growing sectors, such as fintech, I always like to diversify and gain max exposure to the industry. With an expense ratio of 0.7%, the Fintech ETF (NASDAQ: FINX ) invests in companies on the leading edge of the emerging financial technology sector.

MercadoLibre posted a solid earnings release, outperforming Wall Street estimates on revenue and profitability. Find out my earnings analysis of MELI stock.

https://www.investing.com/news/pro/mercadolibre-receives-investment-bank-analyst-rating-update-3072555

MercadoLibre, Inc. (NASDAQ:NASDAQ:MELI) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ETCompany ParticipantsPedro Arnt - CFOOsvaldo Gimenez - President, FintechConference Call…

MercadoLibre is the Amazon of Latin America, and MELI''s fintech segment continues to grow at torrid rates. Click here to read my latest analysis of the stock.

Etsy and MercadoLibre have historically delivered market-beating returns.

MercadoLibre could have a multibillion-dollar profit stream on its hands.

Lakehouse Capital, an investment management company, released its “Lakehouse Global Growth Fund” November 2022 investor letter. A copy of the same can be downloaded here. November was a quiet month, and the fund returned 1.0% net of fees and expenses compared to 2.9%return for its benchmark MSCI All Country World Index. In addition, please check […]

Shares of MercadoLibre Inc. (NASDAQ: MELI ) fell by 6.22% in the past three months. Before having a look at the importance of debt, let''s look at how much debt MercadoLibre has. MercadoLibre Debt Based on MercadoLibre''s balance sheet as of November 4, 2022, long-term debt is at $2.74 billion and current debt is at $1.95 billion, amounting to $4.69 billion in total debt. Adjusted for $1.46 billion in cash-equivalents, the company''s net debt is at $3.23 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion … Full story available on Benzinga.com

Both businesses have huge growth potential.

Harding Loevner, an investment management firm, published its “Global Equity Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here.

Quality growth stocks such as Shopify and MercadoLibre are solid long-term bets given the recent declines in their stock prices. The post Tech Sell-Off: 2 Growth Stocks Trading at a Discount, According to Wall Street appeared first on The Motley Fool Canada .

Here''s why it''s one of my favorite stocks to own.