MELI

Now, it's about the Latin American markets , which is the same reason I'm an investor in Mercado Libre. Because these countries are moving, or growing, very fast.

All right, now let's move on and talk about the third stock that has had a lot of updates coming out and this one is Marcato Libre. Marcotta Libre stock recently peaked over $2,000 per share and it has been hovering around this range now which I think is great to see and more than overdue and I still believe that Marcato Libre is extremely undervalued in the market and as I have said previously I think that it is still one of the stocks offering the most value across the entire market right now as well.

Um, I'm a big fan of Mac Libra or we both are. Um, and the business model behind it.

Um, when you look at Mac Libra, they give you everything that you can wish for um, regarding to their loan book and all of that stuff.

whereas it used to be the same for MacB but then they push into new loans. Um that means the loans are are larger. The loans are not only for the next 12 weeks, but they're actually for the next 12 months.

And all of that structurally increases the likelihood that some loans will fail.

Mercado Libre reached an important milestone surpassing $10 billion in revenue representing 50% year-over-year growth in its most recently completed quarter. Management recently implemented a new strategy lowering the threshold for free shipping adding convenience to consumers.

So when Mercado Libre started this strategy, I was optimistic that it would be successful because of what I've seen from Amazon and so far it has been successful with revenue increasing meaningfully.

So, with that, let's jump right into our first stock, which is going to be Marcato Libre, stock ticker Mi. This is a name that I've really liked and really started pushing back at the start of June when I published a video titled I'm buying every share I can. And in that video, I covered Marcato Libre.