Even at $2,200 Per Share, Here's Why MercadoLibre Stock Is Still a Bargain for Long-Term Investors

When some investors look at shares of MercadoLibre (NASDAQ: MELI) trading at close to $2,200, they see an expensive stock. But I see one of the best bargains on the entire stock market for long-term investors.One of the very first lessons an investor must learn is that the price per share doesn't matter without crucial context: How many shares are there?Imagine with me for a moment that there were only 10 shares of MercadoLibre stock in existence. In this made-up reality, the entire company could be purchased for $22,000 (10 shares multiplied by $2,200 per share). Considering it makes $2 billion in annual profit, this would be absurdly inexpensive.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool