Motley Fool Money Two Growth Stocks Hit a Snag
Nov 7, 2024
Bill Mann, an insightful equity analyst, joins to dissect the recent earnings from MercadoLibre and Celsius. He highlights MercadoLibre’s impressive revenue growth but raises concerns about their expanding credit offerings and investment risks. The struggles of Celsius in the competitive energy drink market are also discussed, focusing on declining sales and evolving marketing strategies. Additionally, they explore Schwab's new 24-hour trading initiative and the complexities of after-hours stock trading, revealing unique market dynamics.
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MercadoLibre's Growth
- MercadoLibre's revenue grew 35% year over year, adding almost 7 million new buyers.
- Despite long-term weakness in key markets, the company shows substantial growth potential.
Credit Book Impact
- MercadoLibre's credit book grew significantly, impacting short-term margins.
- This expansion into credit aims to facilitate commerce in a cash-driven Latin American market.
Mercado Pago's Purpose
- Mercado Pago helps keep value chain components within the MercadoLibre ecosystem.
- This allows for better credit risk assessment in Latin American markets.