1 Growth Stock to Buy Before the End of July
MercadoLibre's stock has stumbled so far this year, but its long-term growth prospects are strong.
Overview
If you're on the hunt for a growth stock trading at a discount, look no further than MercadoLibre (NASDAQ: MELI). The Latin American e-commerce and fintech giant is due to report earnings in early August.
Shares of MercadoLibre are down more than 10% in 2026 and 23% in the past 12 months due to some short-term margin pressure and headwinds, but the company's long-term growth plans in emerging markets are nothing short of exciting.
Details
In the first quarter of 2026, the company's net revenue increased 49%, with its Brazil market leading the surge. The fintech arm of the company, Mercado Pago, saw its assets under management grow 77%. Still, Wall Street overreacted to slimming margins. However, the margin decrease was due to strategic investments in shipping logistics, credit expansion, and international commerce.
Source
Originally published at www.fool.com.