Based on the average brokerage recommendation (ABR), MercadoLibre (MELI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
The latest trading day saw MercadoLibre (MELI) settling at $1,582.14, representing a +0.1% change from its previous close.
MercadoLibre (MELI) reachead $1,580.53 at the closing of the latest trading day, reflecting a -1.18% change compared to its last close.