MercadoLibre is the largest e-commerce company in Latin America and its stock price has rallied over 2370% in the past decade. Here are the top 5 reasons why I believe it is a good company to invest in: 1. It's not American or Chinese! 2. The company operates in a growing market. MercadoLibre operates in 18 countries and its top markets are Brazil, Argentina, and Mexico. 3. Robust growth in the times to come. The number of registered users more than doubled from 144.6 million at the end of 2015 to 320.6 million at the end of 2019. Analysts expect for its revenue to rise by 67% to $3.8 billion this year. 4. Stabilising profits. The company generated a slim profit of $50 million in the first 9 months of 2020. 5. Reasonable valuation. The company is reasonable valuated compared to the other e-commerce stocks. Track the company's performance here: zyne.com/stock/MELI
