Top 10 Companies To Own For 2015

Top 10 Companies To Own For 2015: MercadoLibre Inc.(MELI)

MercadoLibre, Inc., together with its subsidiaries, hosts online commerce and payments platforms in Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Its MercadoLibre marketplace enables registered users to list and purchase motor vehicles, vessels, aircraft, real estate, and other services through online classified listings; and Internet users to browse through various products and services that are listed on its Website and to register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send and receive payments online. In addition, it offers MercadoClics advertising program that allows businesses to promote their products and services on the Internet. This program enables users and advertisers to place, display, and/or text advertisements on its Web pages to promote their brands and offerings. Further, the company provides MercadoShops on-line stores solution, a software-as-a-service, which allows users to set-up, manage, and promote their own on-line Webstores. As of December 31, 2010, the company operated online commerce platforms directed towards Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay, and Venezuela; online payments solutions directed towards Argentina, Brazil, Mexico, Venezuela, Chile, and Colombia; and a real estate classified platform that covers various areas in Florida. The company was founded in 1999 and is headquartered ! in Buenos Aires, Argentina.

Advisors' Opinion:

• [By Luke Jacobi]

  Mercadolibre (NASDAQ: MELI) shares shot up 14.5 percent to $105.85 after the company reported stronger than expected quarterly results.

  Shares of Air Methods (NASDAQ: AIRM) saw a boost, shooting up 12.5 percent to $59.81 on upbeat quarterly results.

• [By Michael A. Robinson]

  Most people, for example, haven't heard of Buenos Aires-based Mercadolibre Inc. (NasdaqGS: MELI), a company I detailed last week.

  But they'd be better off if they had...

• [By Hilary Kramer]

  Mercadolibre (MELI): The name of the company is Spanish for free market, and I think of MELI as the eBay (EBAY) of Latin America. Online shopping is growing at a faster rate in Latin America as the middle class continues to grow, and Brazil is one of the hot spots. Ecommerce in Brazil reached $17 billion in 2012, according to eMarketer, and that number is expected to jump to $29 billion by the end of 2017 as smartphone usage increases and more people access the Internet. Mercadolibre operates ecommerce sites where items are sold either through auction or a fixed price. MELI also has an electronic payment business called MercadoPago, similar to eBays PayPal, which can be used on MELI’s sites as well as for payments elsewhere. We took profits in it earlier this year in my GameChangers newsletter, but I continue to watch it closely and like its long-term potential.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-companies-to-own-for-2015.html