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News  ›  The Motley Fool

Major Fund Bets $301 Million on MercadoLibre — Is the Stock a Buy as Shares Retreat From Record Highs?

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Major Fund Bets $301 Million on MercadoLibre — Is the Stock a Buy as Shares Retreat From Record Highs?

D1 Capital Partners initiated a new $301 million position in MercadoLibre during Q3, representing 3.5% of its portfolio. The investment signals long-term potential in the Latin American e-commerce and fintech platform, despite recent stock price pullback.

Insights
KO   positive

Noted as a Dividend King with long history of dividend increases


MELI   positive

Strong quarterly performance with 39% revenue growth, 27 consecutive quarters of 30%+ growth, expanding ecosystem across payments, credit, logistics, and advertising, and attracting significant institutional investment