Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Latin American online auction operator has earned a respected four-star ranking.
With that in mind, let's take a closer look at MercadoLibre and see what CAPS investors are saying about the stock right now.
Buenos Aires, Argentina (1999)
Co-Founder/Chairman/CEO Marcos Galperin
CFO Pedro Arnt
Return on Equity (average, past 3 years)
$197.7 million / $161.5 thousand
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 94% of the 1,146 members who have rated MercadoLibre believe the stock will outperform the S&P 500 going forward.
This South American Amazon like company is partially owned by eBay because eBay realized that they understood their market a lot better than eBay ever could. I have owned this company for over year and I believe that they are proceeding along a course that is moving along with the adoption of the Internet and e-commerce in most of the large South American nations. I think in 10 years this company's market cap will be 4 to 5 times what it is now.
If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong four-star rating, MercadoLibre may not be your top choice.
We've found another growth play we are incredibly excited about -- excited enough to dub it "The Only Stock You Need to Profit from the NEW Technology Revolution." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.
The article Why MercadoLibre's Long-Term Prospects Look Great originally appeared on Fool.com.
Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, eBay, and MercadoLibre. The Motley Fool owns shares of Amazon.com, eBay, and MercadoLibre. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.