Leila Melhado
MercadoLibre (NASDAQ:MELI) has been on a great run this year, with shares increasing by 38% and finally reaching a new all-time high after 2021. In this article, I want to briefly assess the last quarter and then look at the capital
MercadoLibre: High Intrinsic Value Growth Makes It A Buy
Summary
- Q2 earnings demonstrate strong financial performance, indicating robust growth and profitability.
- Capital efficiency metrics highlight the company's effective use of resources to generate returns.
- A high return on invested capital suggests the company is making smart investment decisions.
- Attractive valuation presents a compelling opportunity for investors seeking a fast-growing founder-led business.
'Heavy Moat Investments' is 25-year-old self-taught investor Niklas based in Southern Germany, who recently finished his bachelor of Science in Business Informatics and now works as a Software Developer, besides writing about his investments on Seeking Alpha, Substack (heavymoatinvestments.substack.com) and Twitter. Niklas formerly wrote under the 'Stock Metal Investment' username but changed it to reflect his investment style better.The main investment themes in Heavy Moat Investments are great capital allocators, Spawners and companies with deep, widening moats. The only investment horizon discussed on this channel is long-term investments, preferably with decades of growth runway. Follow Niklas on his journey to Financial Freedom.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of MELI, ADYEY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
This is not financial advise.
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