1,500% growth stock MercadoLibre, Latin America's largest e-commerce company, is considered a top buy for 2024 by select Wall Street analysts.

1,500% growth stock MercadoLibre, Latin America's largest e-commerce company, has a $75B market cap, 24 times smaller than Amazon. Despite this, select Wall Street analysts still see it as a top buy for 2024, having risen 1,500% over the last decade, compounding at a 31% annual rate. This makes $10,000 invested in MercadoLibre in 2014 worth over $152,000 today, compared to $28,000 in the S&P 500.

March 24, 2024
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