Down 38%, Is MercadoLibre Stock a Better Buy than SpaceX and the "Magnificent Seven" Stocks in November?

MercadoLibre, down 38% from highs, is growing faster than the Magnificent Seven stocks despite recent profitability pressures. The company is investing aggressively to capture market share in Latin America's underpenetrated e-commerce and digital finance markets, with strong engagement metrics and a dual-platform flywheel strategy positioning it for long-term growth potential.