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BC
Bill Combs
@billcombs · Oct 3

I recently came across a company called MercadoLibre. Their business is quite similar to Amazon. Overall, the company has been quite successful and profitable in recent years. It might not be bad for a smaller position, but the price is pretty high right now.

What's your take on MercadoLibre ($MELI)?

NT
Nigel Thornton @_thornton Oct 8

I'd rather buy $AMZN stock. Amazon is much better and more stable.

CB
Clive Bennett @_clivy Oct 11

Again, perhaps there is more potential and more room for growth.

MS
Malcolm Stokes @stokes_malky Oct 8

Well it doesn't look bad at all, but the price is pretty high right now, so it's not a good time to buy.

BC
Bill Combs @billcombs Oct 15

Agreed, I won't be buying, but the price to buy is pretty high right now.

CB
Clive Bennett @_clivy Oct 8

It looks very solid, the stock is rising nicely.

BC
Bill Combs @billcombs Oct 15

It does, but when it's a byzine similar to Amazon, it doesn't make much sense to me to invest in it.

AA
Ashraf Aboudar @ashraf_dd Oct 4

I certainly wouldn't buy the company now. Its valuation is very high and its growth or at least return from the business is slowly declining. That's associated with growth, but I'd like to see it slower.

BC
Bill Combs @billcombs Oct 15

Agreed, plus it's just better and easier to just buy the $AMZN one.