MercadoLibre Shows Long-Term Potential Despite Short-Term Volatility

MercadoLibre Inc. (MELI) has been one of the biggest success stories in emerging markets over the past 10 years. Since launching its IPO in 2007, the Buenos Aires-based e-commerce giant has seen an annualized return of 29%. Cumulative, that return skyrockets to 4,207%. “Mercadolibre has really...