在近期下跌中逢低增持 MELI；强劲的基本面增长（营收增长 50%）与低估值（PEG 0.6）使其在股价下跌之际仍具吸引力。
逐段跳播
现在，让我们进入第二只股票，也就是 Mercado Libre，股票代码 MELI。这可能是我在整个名单上最喜欢的投资机会之一，因为 Mercado Libre 的股价大幅下跌，但公司的业务并没有突然停止增长。
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.
上一季度收入和金融收入达到 102 亿，同比增长 50%。这标志着 Mercado Libre 连续第三十个季度实现增长，增幅超过 30%。想想看。不是三个季度，不是 10 个，而是 30 个。
独立活跃买家数量增长了 26%。Mercado Bajo 的月活跃用户数量增长了 30%。管理资产规模实现了近 70% 的增长。广告增长超过 70%，支付总额首次超过 1000 亿。
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.
然而，当我们回到 Edge 的网站时，我们看到 Milli 的股价今年下跌了 15%，但它们的 Edge 评级为 82，这正是我们喜欢看到的。
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.
转到我们分析网站“Edge”内的盈利标签，我们看到分析师预计该公司 2027 年每股收益为 55.79 美元，使该股的远期市盈率为 30.4。这里就变得有意思了。30 倍的市盈率可能看起来有点贵。
这不便宜，Mark，但不看增长的估值能告诉我们的东西很少。对于一家盈利仍以约 50% 增长的公司来说，这使该股的市盈率相对盈利增长比率（PEG）仅为 0.6，这非常有意思。
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.
这是我在 2026 年迄今已买入两次的一只股票，正如你现在屏幕上我社区的交易提醒所显示的那样。它们今年都是绿的，但我可能还会在这里再次买入。
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.
通过“Milli”，你将获得对电子商务、支付、信贷、广告、物流以及世界上最未被充分利用的数字经济体之一的敞口。在他最近下跌之后，我变得感兴趣多了。我对十月的看法是，我将利用这一弱势来增持一家估值和增长率都更为合理的全球性公司的股票。
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 将属于电子商务。我们正经历一次下跌，所以关键在于增长和估值。
MELI will be in e-commerce. We are experiencing a decline, so it's about growth and valuation.
这个频道对 $MELI 的历次判断
Mark Roussin, CPA 在这只股票上共 2 条判断，这里只列相邻的几条。