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MercadoLibre Stock Is Down 19% This Year. Should You Sell It? (Hint: Zero Wall Street Analysts Rate It a Sell)

The Motley Fool·
MercadoLibre Stock Is Down 19% This Year. Should You Sell It? (Hint: Zero Wall Street Analysts Rate It a Sell)

MercadoLibre stock has declined 19% this year despite strong revenue growth of 46% year-over-year. While profitability has decreased due to business investments and credit pressure, Wall Street remains bullish with 85% of analysts rating it a buy. The article argues this represents a buying opportunity, as the company has navigated similar situations before and maintains its market leadership position.

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