Buying Opportunity in Marcato Libre

2 months ago

Daniel Pronk

"Now, to put it simply, I do not know why Marcato Libre stock continues to sell off so much because the last quarter in my opinion was extremely good. The business is continuing to see the growth rates to its fundamentals accelerate. It just had a quarter where it posted 39% year-over-year revenue growth on a revenue base of over $20 billion a year. As Marcato Libre stock continues to fall, I have continued to consistently buy shares on the way down. I simply look at the value of the business and ask if I think the valuation is attractive and if it is then I will continue to buy."

The speaker highlights Marcato Libre's strong fundamental growth with 39% YoY revenue increase on a large revenue base, noting that despite a significant price correction, the underlying business remains robust. He expresses his conviction by consistently buying shares during the sell-off, seeing the current valuation as an attractive entry point.

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