MercadoLibre: A Dip and a Maybe

Everyone keeps asking if this is a buying opportunity. As if I have a crystal ball tucked away next to my collection of vintage staplers. I don’t. I just have spreadsheets and a growing sense of unease. It’s a consumer discretionary stock, which means when people decide they’d rather eat ramen than buy, well, anything, MercadoLibre feels it. And lately, a lot of people are feeling the ramen vibe.






