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Enter Symbol:
 
MERCADOLIBRE INC (MELI) [hlAlert]

Rating:
Buy MELI
up 268.44 %

MERCADOLIBRE INC (MELI) rated Buy

Posted on: Wednesday,  Sep 19, 2007  9:25 AM ET by Am Tech/JSA Research

Am Tech/JSA Research rated Buy MERCADOLIBRE INC (NASDAQ: MELI) on 09/19/2007, when the stock price was $30.39. Since
then, MERCADOLIBRE INC has gained 268.44% as of 01/04/2016's recent price of $111.97.
If you would have followed this Am Tech/JSA Research's recommendation on MELI, you would have gained 268.44% of your investment in 3029 days.

MercadoLibre, Inc. hosts an online platform in Latin America, called MercadoLibre and located at www.mercadolibre.com. 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.

American Technology Research is an employee-owned firm that provides independent, timely and focused research on information technology and defense companies for institutional investors. The firm's research analysts have strong technical backgrounds, as well as experience on both the buy- and sell-side. Their unbiased fundamental research is leveraged by a first class sales and trading capability staffed by veterans who know technology as well as execution.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2007 9:25 AM Buy
None
30.39 45.00
as of 8/27/2015
1 Week down  -7.56 %
1 Month down  -25.84 %
3 Months down  -23.72 %
1 YTD up  3.87 %

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