Why NASDAQ:MELI qualifies as a high growth stock.

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if MERCADOLIBRE INC (NASDAQ:MELI) is suited for growth investing. Investors should of course do their own research, but we spotted MERCADOLIBRE INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Highlighting Notable Growth Metrics of NASDAQ:MELI.

• MERCADOLIBRE INC has a healthy Return on Equity(ROE) of 36.01%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• MERCADOLIBRE INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• MERCADOLIBRE INC has achieved significant 1-year revenue growth of 36.71%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• The recent q2q revenue growth of 39.78% of MERCADOLIBRE INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• The operating margin of MERCADOLIBRE INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• The free cash flow (FCF) of MERCADOLIBRE INC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• The recent financial report of MERCADOLIBRE INC demonstrates a 180.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The average next Quarter EPS Estimate by analysts was adjusted by 13.7%, reflecting the evolving market expectations for the company's EPS growth.
• The recent financial report of MERCADOLIBRE INC demonstrates a 180.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• accelerating EPS growth for MERCADOLIBRE INC: the current Q2Q growth of 180.0% exceeds the previous year Q2Q growth of 33.33%.

Zooming in on the fundamentals.

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Taking everything into account, MELI scores 6 out of 10 in our fundamental rating. MELI was compared to 34 industry peers in the Broadline Retail industry. While MELI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MELI is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make MELI a good candidate for growth investing.

For an up to date full fundamental analysis you can check the fundamental report of MELI

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.