Could MercadoLibre Be a Millionaire-Maker Stock?

Could MercadoLibre Be a Millionaire-Maker Stock?

If you're like me, you missed the more than 1,500% run in MercadoLibre (NASDAQ: MELI) stock over the last decade. While there have been plenty of other investments that have provided massive upside, Latin America's e-commerce and digital payments leader has been an especially big winner as the digital age sweeps across the globe. As much as it's grown, though, MercadoLibre's current market capitalization values it at just shy of $41 billion -- a large business to be sure but not so large that it's run out of stock market-beating potential.