Accumulate MELI shares during the recent decline; strong fundamental growth (50% revenue increase) and low valuation (PEG 0.6) make it attractive despite the price drop.

Now, let's move on to the second stock, which will be Mercado Libre, the stock symbol MELI. This may be one of my favorite opportunities on the whole list, because Mercado Libre's stock has fallen sharply, but the company's business has not suddenly stopped growing.

Last quarter revenues and financial income reached 10.2 billion, an increase of 50 % year-on-year. This marks the thirtieth consecutive quarter of growth for Mercado Libre, exceeding 30%.

Think about this. Not three-quarters, not 10, but 30. The number of unique active buyers grew by 26%. The number of monthly active users in Mercado Bajo increased by 30%. Assets under management achieved growth of nearly 70%.

The advertising exceeded 70%, and the total volume of payments exceeded 100 billion for the first time.

However, when we go back to Edge's website, we see that Milli shares have fallen by 15% over the year, but they have an Edge rating of 82, which is what we like to see.

Moving to the earnings tab within our analytics site " Edge", we see that analysts expect the company to earn $55.79 per share in 2027, giving the stock a forward price-to-earnings ratio of 30.4.

This is where things get interesting. A 30x repetition might seem a bit expensive. This is n't cheap, Mark, but a valuation without looking at growth tells us very little. For a company whose earnings are still growing by about 50%, that gives the stock a price-to- earnings-to-growth ( PEG) ratio of only 0.6, which is very interesting.

This is a name I have purchased twice so far in 2026, as you can see from my community's trading alerts on your screen right now. They are both green this year, but I might buy again here.

With "Milli", you will gain exposure to areas such as e-commerce, payments, credit, advertising, logistics, and one of the most underutilized digital economies in the world. I became much more interested after his recent decline.

My view for October is that I will take advantage of this weakness to accumulate shares in a global company with a more reasonable valuation and growth rate.

MELI will be in e-commerce. We are experiencing a decline, so it's about growth and valuation.