Aggressive Buying of Marcato Libre Amid Correction
"And the first stock that I want to discuss that I am actively buying is Marcato Libre. ... So, for all of those reasons, I have continued to buy more Marcato Libre. And I believe that this is actually the number one stock that I have continued to add to my portfolio over the past month. And as the stock has fallen, I have been getting more and more aggressive. If the stock does see any weakness after earnings, and I'm actually kind of expecting it to, then I will be looking to add to my position even more."
The speaker discusses his active buying of Marcato Libre, emphasizing that its current 20% correction, driven by competitive and political concerns, presents an attractive buying opportunity. He highlights the company s history of using lower free shipping thresholds to spur growth and deepening its competitive moat.
Buy Marcato Libre (ME)
"Finally, stock number four is Marcato Libre, stock ticker ME. Shares of ME have fallen more than 15% in the last month, making this a potential great opportunity to add a solid growth name from outside the US to your portfolio. Given its robust revenue growth and the expansion of both its core e-commerce and payment processing platforms, I see this as a strict buy. I won"t be looking at options for this stock due to the high per share price and low volume, so it"s a straightforward buy in my opinion."
The speaker identifies Marcato Libre (ME) as a buy based on its significant pullback and strong growth potential in both e-commerce and payment processing. He emphasizes that, due to low option volume, the strategy will be a direct purchase rather than an options play.
Trade Call: Buy MercadoLibre (MELI) on Attractive Valuation
"In Brazil, the company has around 40 million active buyers, yet urban areas alone offer four to five times that number, suggesting significant upside in expanding its user base."
MercadoLibre (MELI) is highlighted as an attractive buying opportunity as it is trading down approximately 16% and at less than five times sales. The commentary points out a significant latent market opportunity in Brazil, implying that the low-hanging fruit in urban areas could drive future growth. The recommendation is to consider buying if the investor has been watching the stock.