MercadoLibre Plunged After Earnings. Here's Why I'm Not Selling.

MercadoLibre's stock fell 12% after Q3 earnings despite 45% revenue growth to $10.75 billion, as operating margins compressed to 6.3% from 9.8% year-over-year due to investments in fulfillment capacity, free shipping, and marketing. The author maintains a bullish outlook, viewing the margin pressure as temporary strategic investments rather than fundamental business deterioration, and notes the lending portfolio remains healthy with credit quality stable.