MELI: MercadoLibre, Inc.
About
MercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries. The Other Countries segment refers to Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Bolivia, Honduras, Nicaragua, El Salvador, Guatemala, Paraguay, Uruguay, and the United States of America. Its products provide a mechanism for buying, selling, and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Montevideo, Uruguay.
Current Value
$1,952.441 Year Return
Current Value
$1,952.441 Year Return
Key Details
Market Cap
$97.82B
P/E Ratio
68.07
1Y Stock Return
21.77%
1Y Revenue Growth
43.63%
Dividend Yield
0.00%
Price to Book
24.4
Strategies that include MELI
Stock's related to MELI
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LILAK | 35.23% | $1.37B | +1.31% | 0.00% |
| GDDY | 35.12% | $27.85B | +91.36% | 0.00% |
| LILA | 34.81% | $1.38B | +2.64% | 0.00% |
| COLD | 34.15% | $6.57B | -19.15% | 3.79% |
| NU | 33.97% | $55.42B | +42.14% | 0.00% |
| XRAY | 33.73% | $3.85B | -39.75% | 3.22% |
| CNNE | 33.44% | $1.33B | +17.07% | 1.14% |
| AAPL | 33.40% | $3.67T | +25.45% | 0.41% |
| FC | 33.08% | $486.37M | -5.53% | 0.00% |
| SNPS | 32.21% | $87.59B | +6.44% | 0.00% |
| MSI | 31.97% | $83.19B | +53.36% | 0.79% |
| ALTO | 31.53% | $110.37M | -44.62% | 0.00% |
| UPLD | 31.44% | $119.92M | -12.25% | 0.00% |
| PTC | 31.43% | $24.05B | +24.55% | 0.00% |
| IESC | 31.10% | $5.91B | +314.11% | 0.00% |
| BFAM | 31.09% | $6.73B | +29.23% | 0.00% |
| MKSI | 30.96% | $7.87B | +44.16% | 0.74% |
| YOU | 30.95% | $2.46B | +22.22% | 1.11% |
| MTSI | 30.70% | $10.21B | +66.19% | 0.00% |
| MTCH | 30.39% | $8.25B | +1.64% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BG | -0.01% | $12.32B | -16.81% | 3.07% |
| KR | -0.02% | $43.39B | +34.73% | 2.04% |
| NUS | 0.04% | $372.83M | -56.37% | 3.19% |
| PINC | -0.04% | $2.13B | +7.04% | 3.78% |
| OCX | -0.04% | $40.49M | -36.71% | 0.00% |
| EXC | -0.05% | $38.32B | -0.94% | 3.99% |
| ED | 0.05% | $33.79B | +6.95% | 3.44% |
| BOOM | -0.07% | $159.21M | -51.11% | 0.00% |
| AMC | 0.07% | $1.83B | -30.77% | 0.00% |
| CASI | -0.07% | $47.84M | -40.10% | 0.00% |
| ASIX | 0.08% | $870.90M | +23.74% | 1.96% |
| BAC | -0.08% | $359.24B | +53.11% | 1.58% |
| QUAD | -0.10% | $405.78M | +64.14% | 2.55% |
| AVD | -0.10% | $175.89M | -38.10% | 1.48% |
| AQB | 0.14% | $3.60M | -65.17% | 0.00% |
| SWBI | -0.15% | $606.85M | -4.11% | 3.73% |
| MOGO | 0.15% | $39.40M | +2.55% | 0.00% |
| MPC | -0.18% | $49.97B | +4.41% | 2.20% |
| BNED | 0.20% | $306.69M | -90.23% | 0.00% |
| KNSL | 0.20% | $11.64B | +46.38% | 0.12% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PETS | -26.84% | $103.11M | -35.28% | 0.00% |
| UAA | -23.27% | $4.40B | +23.39% | 0.00% |
| MCK | -22.60% | $78.44B | +34.11% | 0.43% |
| UA | -21.87% | $3.93B | +16.97% | 0.00% |
| FRSH | -21.60% | $4.84B | -23.47% | 0.00% |
| GILD | -19.68% | $115.27B | +17.05% | 3.32% |
| FARO | -19.20% | $500.55M | +41.95% | 0.00% |
| HBI | -18.09% | $3.06B | +129.97% | 0.00% |
| CWAN | -15.65% | $6.77B | +56.31% | 0.00% |
| JAZZ | -15.38% | $7.35B | +0.12% | 0.00% |
| VTRS | -14.65% | $15.52B | +35.28% | 3.70% |
| DMLP | -14.25% | $1.63B | +15.28% | 10.14% |
| WWW | -13.52% | $1.90B | +161.66% | 1.70% |
| SNBR | -13.35% | $368.00M | +26.15% | 0.00% |
| KLG | -13.22% | $1.79B | +83.41% | 3.12% |
| PULM | -13.11% | $22.72M | +210.16% | 0.00% |
| ZTO | -12.84% | $11.37B | -11.13% | 5.16% |
| GIFI | -12.77% | $115.94M | +74.20% | 0.00% |
| TPVG | -12.74% | $272.08M | - | 17.96% |
| APP | -12.65% | $123.01B | +888.81% | 0.00% |
ETF's related to MELI
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| MINT | -0.20% | $11.69B | 0.35% |
| DEFI | 0.39% | $14.31M | 0.94% |
| IBTE | 0.73% | $1.64B | 0.07% |
| SHYD | 0.75% | $312.98M | 0.35% |
| TBIL | -0.81% | $4.42B | 0.15% |
| KRBN | 1.19% | $235.35M | 0.85% |
| BILZ | -1.22% | $541.42M | 0.14% |
| BITO | 1.25% | $2.72B | 0.95% |
| BTF | 1.29% | $55.64M | 1.24% |
| DBE | -1.41% | $50.22M | 0.77% |
| FLTR | -1.59% | $1.83B | 0.14% |
| DBO | -1.67% | $218.47M | 0.77% |
| SGOV | 1.81% | $27.99B | 0.09% |
| CORN | -2.04% | $59.94M | 0.2% |
| COMT | 2.10% | $839.86M | 0.48% |
| GBIL | 2.16% | $5.68B | 0.12% |
| DBMF | -2.44% | $1.04B | 0.85% |
| GSG | 2.71% | $932.06M | 0.75% |
| VRIG | 2.77% | $1.10B | 0.3% |
| JUCY | -3.16% | $325.86M | 0.6% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -19.73% | $365.42M | 1.43% |
| TAIL | -18.34% | $68.19M | 0.59% |
| VIXY | -12.25% | $195.31M | 0.85% |
| PWZ | -10.26% | $702.08M | 0.28% |
| CTA | -10.03% | $367.83M | 0.76% |
| JBBB | -10.03% | $1.35B | 0.49% |
| CLOI | -9.08% | $749.05M | 0.4% |
| FLCH | -8.28% | $148.48M | 0.19% |
| GXC | -7.98% | $424.28M | 0.59% |
| MCHI | -7.78% | $5.51B | 0.59% |
| HTAB | -7.78% | $449.50M | 0.39% |
| UUP | -7.41% | $376.91M | 0.77% |
| USDU | -7.20% | $210.52M | 0.5% |
| KMLM | -6.83% | $344.74M | 0.9% |
| MSOS | -6.74% | $603.47M | 0.83% |
| EQLS | -6.59% | $8.93M | 1% |
| FMF | -6.15% | $248.49M | 0.95% |
| CCOR | -4.75% | $110.21M | 1.18% |
| WEAT | -3.22% | $119.27M | 0.28% |
| JUCY | -3.16% | $325.86M | 0.6% |
News
SeekingAlpha
In 3Q24 the Thornburg International Growth Fund portfolio (I) returned 1.99%, -493 bps behind the MSCI ACWI ex-U.S. Growth Index. Click here to read more.
Yahoo
MELI director's stock sale and margin pressure warrant caution. Despite strong revenue and growth, new investors should wait for the right time to invest.
Yahoo
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
SeekingAlpha
The Janus Henderson Forty Fund returned 5.23% and the Russell 1000® Growth Index returned 3.19% for Q3 2024. Click here to read the full commentary.
SeekingAlpha
Janus Henderson Global Technology And Innovation Fund returned 0.53% and the S&P 500® Index returned 5.89%. Read more here.
SeekingAlpha
The Janus Henderson Concentrated All Cap Growth Managed Account Portfolio returned 5.07% (gross) for Q3 2024. Click here to read the full commentary.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.