MercadoLibre
MELIMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -6%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$2,030
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- September 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 22 months
- How long Benson has been tracking this pick.
About MercadoLibre
MercadoLibre is the Amazon and PayPal of Latin America rolled into one. It runs the largest online marketplace and the biggest digital wallet across Brazil, Mexico, Argentina and 15 other countries.
The case for and against
Both sides of the story, in plain English.
- Rocket Revenue
Revenue just exploded 49% to 8.8 billion dollars last quarter, the fastest growth rate in almost four years. Brazil, their biggest market, is actually accelerating after 26 years in business, with shoppers buying 56% more items than a year ago.
- Banking Boom
Their Mercado Pago credit card business doubled in size, with the loan portfolio jumping 104% to 6.6 billion dollars. Payment volume hit 87 billion dollars in just three months, turning what started as a shopping app into the region's fastest growing digital bank.
- Profit Pinch
Operating profit actually dropped 20% as the company poured money into free shipping, credit cards, and warehouses. Margins shrank to just 6.9%, meaning they are choosing future growth over making money today, which can frustrate investors who want results now.
- Currency Chaos
Operating across 18 countries means constant headaches from wild currency swings, especially in Argentina where inflation has topped 100%. When local money loses value against the dollar, reported profits can shrink overnight even when the underlying business is thriving.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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