I've been looking into MercadoLibre (MELI) and really like the long-term story, especially its position in Latin American e-commerce and fintech, and the differentiated position it offers in a portfolio.
For those following MELI closely, how do you view the risk/reward at current levels? Seems like it had a recent pullback after reaching the 2000s again.
Would you be buying here or avoiding it altogether? What are the biggest bull and bear arguments for the stock from here?