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Border walls, brewing trade wars and national jingoism mean nothing to this south of the border e-commerce stock. Shares should soar in 2017, come what may.
MercadoLibre (MELI) and eBay (EBAY) are good picks ahead of the holiday shopping season, but they'll also perform well in the long term.
eBay said it's selling most of its 20% stake in Mercadolibre (MELI), which creates a 'large overhang' for the Latin American e-commerce company's stock, Citi analysts say.
MercadoLibre's (MELI) stock rating was increased to 'overweight' from 'neutral' at JPMorgan on Friday.