Fisher Funds Management increased its stake in MercadoLibre by purchasing 30,716 shares worth $59.25 million in Q1 2026, bringing its total position to $61.33 million. Despite the stock declining 11.6% over the past year and lagging the S&P 500 by 38 percentage points, the fund's investment signals confidence in the company's strong fundamentals, including 45% YoY revenue growth, $83.7 billion in payment volume, and 78 million monthly active users.

Sara-Bay Financial increased its MercadoLibre position by 6,288 shares worth $12.13 million in Q1 2026, making it the fund's 9th-largest holding at 3.36% of AUM. Despite the stock trading 10% down over the past year, the analyst views the dip as a buying opportunity given MercadoLibre's strong operational performance with 45% sales growth and significant growth potential in Latin America's underpenetrated e-commerce and fintech markets.

The article examines Mercado Libre's stock performance and whether the decline presents a buying opportunity. It notes that Latin American economies are growing faster but with greater risk than developed markets. Mercado Libre is attracting new customers through improved delivery strategies and investing heavily in AI.

MercadoLibre is making significant AI investments that are accelerating revenue growth (47% YoY in Q4) but pressuring near-term profitability, causing the stock to decline 35% from its peak. The author argues this heavy spending is strategic and temporary, comparing it to Amazon's historical infrastructure investments, and suggests long-term investors should view the weakness as a buying opportunity.

The article identifies MercadoLibre and Dutch Bros as two consumer discretionary stocks worth buying during market downturns. MercadoLibre, operating as a Latin American Amazon/eBay/PayPal hybrid, has achieved 39% revenue growth despite margin pressures and bad loan challenges. Dutch Bros, a coffee chain expanding regionally to nationally, achieved 28% revenue growth in 2025 with a strategy similar to Starbucks' early expansion, though both stocks currently trade at elevated valuations.

The article recommends three growth stocks as attractive buys despite market volatility: Amazon, trading at a discount despite strong growth; MercadoLibre, which has expanded into financial services across Latin America; and e.l.f. Beauty, which is leveraging its successful playbook to grow the Rhode brand through increased distribution and marketing.

In a down market, Amazon and MercadoLibre present different investment opportunities. Amazon offers stability with its massive e-commerce and cloud computing operations, posting 12% sales growth and 31% net income growth, though its $200 billion capex commitment raises concerns. MercadoLibre shows higher growth potential with 44% revenue growth but faces margin pressures and a higher P/E ratio. Amazon is recommended for risk-averse investors, while MercadoLibre appeals to those seeking growth exposure.

With the Nasdaq in correction territory (down 10% from recent highs), the article recommends two growth stocks as buying opportunities: MercadoLibre and Shopify. Both e-commerce platforms are positioned to benefit from long-term market expansion, despite near-term headwinds and valuation concerns.

With the Nasdaq entering a correction (down 10% from highs), the article highlights two e-commerce stocks trading significantly below recent peaks as potential buying opportunities. MercadoLibre, the Amazon of Latin America, has leveraged its fintech division (Mercado Pago) to achieve 47% year-over-year revenue growth despite being down 39% from highs. Coupang, South Korea's e-commerce leader, is down 46% from all-time highs but is recovering from a data breach scandal and expanding into Taiwan with triple-digit growth.

Despite current market volatility from geopolitical tensions, tariffs, and inflation concerns, historical indicators suggest investors should remain confident. The January barometer shows an 89% success rate for positive annual returns when January posts gains, shock events typically result in 7.4% median returns within 12 months, and markets have historically risen two out of every three years. Long-term investors are encouraged to continue adding to portfolios during market turbulence.

MercadoLibre (MELI), the leading e-commerce and fintech platform in Latin America, has fallen nearly 40% from its all-time high and is down 20% year-to-date. Despite a recent earnings miss due to deliberate growth investments, the company reported strong revenue growth of 45% YoY to $8.8 billion and a 90% jump in credit portfolio. With a forward P/E in the low 20s and analyst consensus showing 70% upside potential, the stock is approaching historically significant support levels, presenting a potential buying opportunity for long-term investors.

Oracle and Sea Limited have experienced significant sell-offs (down over 50% since last fall) but appear oversold and positioned for rebounds. Oracle's $553 billion backlog and 84% cloud infrastructure revenue growth suggest strong fundamentals despite debt concerns, while Sea Limited's 36% revenue growth and expanding fintech/gaming segments indicate solid underlying business performance despite margin pressures.