From Nasdaq: 2025-02-21 12:55:15

Shares of MercadoLibre (NASDAQ: MELI) surged 12.5% after a strong earnings report, with Q4 revenue up 37% to $6.06 billion. Despite Argentina’s economic crisis, constant-currency sales soared 96%. The stock hit all-time highs around $2,100 and now eyes $2,300. MercadoLibre trades at 61 times earnings but has shown stellar growth.
In a rare opportunity, analysts are issuing “Double Down” alerts for three promising companies. Past recommendations like Nvidia, Apple, and Netflix saw significant returns. Investors are encouraged to act now before it’s too late.



Read more at Nasdaq: Why MercadoLibre Stock Jumped on Friday