I like other stocks much more. Headquartered in Argentina, MercadoLibre, Inc. is the leading internet trading platform in Latin America where millions of users meet to buy and sell a wide range of goods and services in an easy, entertaining, secure and efficient way. MercadoLibre has operations in 13 countries including Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay, Venezuela and Portugal.
Closed March 13, 2018 at $406.41 per share.
Bouncing around $100 in January 2016, price has been on the rise since then.
Although revenue has been rising nicely, along with gross profit, their Selling, General and Administratve overhead seems to rise with sales, and after Research and Development, they posted a fourth quarter 2017 loss, and bottom line profit is ridiculously low for such a revenue growth. The money in sales is not turning into shareholder and company profit, and instead goes to employees and overhead. The company market capitalization (shares x price/share) is now about $18 Billion, and net tangible assets of only $210 million. There is very little meat on the bones of this company.
Analysts are fairly neutral on the company, and don't see the high paced price rise continuing. It has risen on market sentiment and the increasing revenue, but buyers are missing that revenue growth at high cost is not good for stockholders or the company itself. Dividends are near zero. I see this as an expanding balloon that eventually will bust.
Companies with good revenue growth, plus good numbers in Price/Book (MRQ), Price/Earnings/Growth (PEG)(TTM), Price/Earnings (TTM) and Price/Earnings (FYF), good analyst ratings, minimal in intangible assets
AER AerCap Holdings NV
AB AllianceBernstein Holding LP
DQ Daqo New Energy Corp
KKR KKR & Co LP
NWHM New Home Company Inc
TPRE Third Point Reinsurance Ltd
found via screening. This is not a recommendation to buy anything, and I do not currently own shares in any of these.