Positive.

From Yahoo Finance: 2025-04-24 17:31:00

US stocks had a positive day after Trump reassured he wouldn’t fire Fed Chair Powell, easing fears about central bank independence. The Nasdaq rose 2.5%, S&P 500 up 1.7%, Dow Jones up 1.1%. Gains faded on news of no unilateral deescalation offer in the trade war with China.

MercadoLibre, Inc. (NASDAQ:MELI) is a leading tech company in Latin America for e-commerce and financial solutions. Year-over-year revenue growth is at 37.53% with 96 hedge fund holders. The company plans to invest billions in Brazil and Mexico to enhance logistics, technology, and marketing capabilities, solidifying its position in the market.

MELI ranks 3rd in the list of best aggressive growth stocks to buy now. While MELI shows promise, some AI stocks offer higher returns in a shorter time frame. An AI stock trading at less than 5 times its earnings has gained since 2025, unlike popular AI stocks. Further details on this opportunity can be found in our report.



Read more at Yahoo Finance: Is MercadoLibre, Inc. (MELI) the Best Aggressive Growth Stock to Buy Now?