Is Mercado Libre A Good Buy Now?

Hi Multis

Yesterday, I published the Best Buys Now, but we also keep updating our quality scores and valuations.

Mercado Libre is doing quite well this year, unlike many other stocks. The stock is up 13.5%, even after the substantial drop today.

At the same time, it's down about 10% from its recent all-time high. So, is it a buy?

We will look at the Quality Score and the valuation to bring them together in the QPI (Quality-Price Index), which shows how attractive a stock is.