From Yahoo Finance: 2025-05-23 11:42:00

Polen Capital Management released its first-quarter 2025 investor letter, noting a -5.18% return for the Polen Global Growth Strategy due to volatile global equity markets and U.S. stock lag. The Strategy’s top five holdings include MercadoLibre, Inc. (NASDAQ:MELI), which had a one-month return of 14.75% and closed at $2,606.01 per share on May 22, 2025. The investor letter highlighted MELI as a leading eCommerce and digital payments provider in Latin America with a strong business model and growth potential. Hedge funds increased their holdings of MELI, with 96 portfolios holding the stock at the end of Q4 2024.



Read more at Yahoo Finance: Should You Invest in MercadoLibre (MELI)?