Mercado Libre (MELI -4.91%) is sometimes known as the Amazon (AMZN -2.12%) of Latina America because it operates in similar categories.
*Stock prices used were the afternoon prices of March 25, 2025. The video was published on March 27, 2025.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and MercadoLibre. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
MercadoLibre
MELI
$1,850.00
(-4.91%)
$-95.55
Amazon
AMZN
$174.62
(-2.12%)
$-3.79
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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