Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
Buenos Aires, Argentina based MercadoLibre, Inc. is one of the largest e-commerce platforms in South America. The company is a market leader in e-commerce in Brazil, Argentina, Colombia, Chile, Ecuador, Costa Rica, Peru, Mexico, and Uruguay based on unique visitors and page views.
MELI is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of A. Shares are up 3.3% over the past one week and up 14.4% over the past four weeks. MELI has gained 34.9% in the last one-year period as well. Looking at trading volume, an average of 398,715.75 shares exchanged hands over the last 20 trading days.
Momentum investors also pay close attention to a company's earnings. For MELI, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.61 to $46.26 per share for 2025. MELI boasts an average earnings surprise of 16.4%.
Investors should take the time to consider MELI for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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MercadoLibre, Inc. (MELI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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