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up 116.53 %

MERCADOLIBRE INC (MELI) rated Overweight with price target $70 by Thomas Weisel

Posted on: Wednesday,  Apr 21, 2010  8:25 AM ET by Thomas Weisel

Thomas Weisel rated Overweight MERCADOLIBRE INC (NASDAQ: MELI) on 04/21/2010, when the stock price was $51.71. Since
then, MERCADOLIBRE INC has gained 116.53% as of 01/04/2016's recent price of $111.97.
If you would have followed this Thomas Weisel's recommendation on MELI, you would have gained 116.53% of your investment in 2084 days.

MercadoLibre, Inc. hosts an online platform in Latin America, called MercadoLibre and located at The Company has e-commerce operations in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela. In addition, it also operates online trading platforms in Costa Rica, the Dominican Republic and Panama. MercadoLibre has two principal services: The MercadoLibre marketplace and The MercadoPago online payments solution. The MercadoLibre marketplace is a fully automated, topically arranged online trading service. The MercadoPago online payments solution is an integrated online payments solution. During the year ended December 31, 2008, visitors to its Website were able to browse an average of over 2.5 million total listings on any given day in over 2,000 different product categories. At December 31, 2008, the Company had over 33.7 million confirmed registered MercadoLibre users.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/21/2010 8:25 AM Buy
51.71 70.00
as of 12/31/2010
1 Week up  1.58 %
1 Month up  11.55 %
3 Months down  -1.67 %
1 YTD up  37.24 %

(*) Stock Price at the time of the recommendation.
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