February 2024 Value Portfolio Update

Money Bizwiz Team
3 Min Read
Value Portfolio Update February 2024 + deep dive into MercadoLibre

One month has passed since the creation of my Value Portfolio. This post marks the first update of many to come on this exciting journey. While it’s still early days, the progress has been promising.

Each month, I will delve into the portfolio and its constituents. This month, the spotlight is on MercadoLibre, often referred to as the Amazon of Latin America.

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Portfolio Recap

  • Inception: Feb. 6th, 2024
  • Duration: 1 month
  • Portfolio: V, SNPS, LRCX, MELI, NDVA, ASML, INTU, ISRG, COST
  • Dividends: always reinvested

In its first month, the portfolio achieved a gain of 4.74%, outperforming the S&P 500. While one month is a short span, it sets a positive tone for the future.

A Closer Look At MercadoLibre

MercadoLibre’s prowess in e-commerce and fintech in Latin America makes it a key player in the region. Strong performance in both areas, evident through metrics like Gross Merchandise Volume, highlights its market dominance.

Furthermore, MercadoLibre’s fintech arm, Mercado Pago, offers a range of financial services contributing to its ecosystem. These factors, along with financial data, position MercadoLibre for continued growth.

Insights from users in regions like Argentina and Brazil shed light on MercadoLibre’s reputation and user experience, reflecting positively on the company’s operations.

MercadoLibre Is Down After Earnings, Why?

Post-earnings challenges faced by MercadoLibre, including legal and tax-related expenses, impacted its recent performance. However, the underlying strength of the business remains intact, with strategic moves being made to mitigate risks.

Valuation Of MercadoLibre

Applying valuation methodologies like Price-to-Earnings Power and Reverse Discounted Cash Flow indicates that MercadoLibre is undervalued, presenting a potential opportunity for investors.

What Risks Are Associated With MercadoLibre?

Investing in MercadoLibre carries risks such as competition, regulatory challenges, credit risks, and economic uncertainties in the region. Evaluating these risks alongside growth potential is crucial for informed decision-making.

Final Thoughts On This Value Portfolio Update

While the portfolio is in its early stages, MercadoLibre’s position and growth trajectory offer optimism for the future. Continued updates on other portfolio companies will provide further insights into their performance.

Have questions about the portfolio or MercadoLibre? Share your thoughts in the comments below, and let’s continue this investment journey together.

Disclaimer: The information shared is for informational purposes and not investment advice. Consult with a financial advisor for personalized guidance. Past performance may not predict future returns. Stocks mentioned are not recommendations. Invest wisely.

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