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Buy MercadoLibre, The eBay Of Latin America
Long Investing Ideas from Seeking Alpha
Tue, 10 Jul 2012
By Qineqt : MercadoLibre ( MELI ) has shown an annual earnings growth of 85% for the last 5 years. It is the largest online e-commerce company in Latin America, which provides buying, selling, advertising, and transaction services to more than 70 million people in Brazil, Mexico, Argentina, ...
On the currency front, the Loomis Sayles Bond manager likes New Zealand, Canada, and Norway, but is more cautious about some emerging markets, including Brazil and Mexico .