Here's My Best-Performing Stock of 2025 (So Far) -- and Why I'd Buy More of It Right Now
To say that MercadoLibre (NASDAQ: MELI) has started 2025 on a strong note would be a major understatement. We're just over four months into the year, and the Latin America commerce giant has already gained 42%.MercadoLibre was already a large investment in my portfolio, but after this year's move, it is now my largest stock position of all. But despite this fact, I'm still tempted to buy more, even at the current share price.Here's a rundown of why MercadoLibre has performed so well, what could take the company to the next level, and why I don't necessarily think MercadoLibre is an "expensive" stock.Continue reading
To say that MercadoLibre (NASDAQ: MELI) has started 2025 on a strong note would be a major understatement. We're just over four months into the year, and the Latin America commerce giant has already gained 42%.
MercadoLibre was already a large investment in my portfolio, but after this year's move, it is now my largest stock position of all. But despite this fact, I'm still tempted to buy more, even at the current share price.
Here's a rundown of why MercadoLibre has performed so well, what could take the company to the next level, and why I don't necessarily think MercadoLibre is an "expensive" stock.
