文章核心观点 人工智能(AI)虽然是近两年最热门的投资主题,但除此之外也有其他值得关注的投资趋势,如电子商务。一些知名对冲基金经理在第二季度减持了英伟达(Nvidia)的股票,同时增持了电子商务公司Shopify和MercadoLibre的股票。[1][2] Shopify 1) Shopify提供全方位的电子商务解决方案,帮助商家管理线上线下渠道,并提供营销、支付、物流等配套服务[3] 2) Shopify在电子商务和全渠道商务软件领域处于领先地位,其商家占据了美国10%和西欧6%的电子商务销售额[3] 3) Shopify第二季度财报超预期,收入同比增长21%,非GAAP净利润增长85%,线下零售、B2B电商和国际市场表现良好[4] 4) 未来5年Shopify的调整后每股收益有望以26%的年复合增长率增长,但当前估值较高,适合长期投资者适度配置[5] MercadoLibre 1) MercadoLibre是拉丁美洲最大的在线市场平台,未来几年市场份额还将继续提升[6] 2) 公司提供物流、广告、支付等配套服务,构建了完整的生态系统,提升了平台的便利性[6] 3) 第二季度公司收入同比增长41%,GAAP每股收益增长103%,利润率创8年新高[7] 4) 未来几年公司的盈利有望保持45%左右的年增长率,当前估值合理,适合长期投资者配置[8]

文章核心观点 - MercadoLibre和PDD是两家高速增长的电子商务公司,分别是拉丁美洲和中国第三大电商平台 [1] - 两家公司自上市以来股价都有大幅上涨,但哪家更具有上涨潜力值得关注 [1] 公司概况 MercadoLibre - 在拉丁美洲18个国家运营市场,主要收入来自巴西、墨西哥和阿根廷 [2] - 最初是第三方市场平台,后来推出自营市场和物流网络,并推出数字支付平台Mercado Pago [2] PDD - 旗下平台Pinduoduo仅在中国运营 [2] - 最初提供自营和第三方市场服务,但在2021年退出自营业务 [2] - 还提供连接农民和消费者的农业电商平台,以及跨境电商平台Temu [2] 增长情况 收入增长 - 2018-2023年,MercadoLibre的收入以59%的复合年增长率增长(美元计) [3] - 2018-2023年,PDD的收入以80%的复合年增长率增长(人民币计),79%(美元计) [3] - PDD的增长更加波动,2019-2022年增速从127%下降到28%,2023年又反弹到84% [4][5] - 未来3-4年,MercadoLibre和PDD预计收入将分别以27%和36%的复合年增长率增长 [5] 盈利能力 - MercadoLibre和PDD在上市初期都是亏损的,但2021年实现盈利 [6] - 2021-2023年,MercadoLibre和PDD净利润复合年增长率分别为244%(美元计)和178%(人民币计) [6] - 未来3-4年,MercadoLibre和PDD净利润预计将分别以49%(美元计)和42%(人民币计)的复合年增长率增长 [6] 估值对比 - 基于未来一年的预期收益,MercadoLibre和PDD的市盈率分别为42倍和10倍 [7] - PDD的估值相对较低,主要是由于最近一个季度业绩预警和中美关系紧张影响 [7][8]

The latest trading session saw MercadoLibre (MELI) ending at $2,066.12, denoting a +0.69% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.93%. Meanwhile, the Dow lost 0.41%, and the Nasdaq, a tech-heavy index, lost 1.53%.Coming into today, shares of the operator of an online marketplace and payments system in Latin America had lost 0.47% in the past month. In that same time, the Retail-Wholesale sector gained 5.61%, while the S&P 500 gained 2.17%.The investment communi ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...

The consumer discretionary sector includes industries like retail, restaurants, and leisure and the sector is often viewed as a bellwether for economic health. As consumer confidence rises and disposable income increases, spending in these areas tends to follow suit. Recent data points to a positive outlook for the consumer discretionary sector, making it an attractive investment opportunity for those seeking growth potential. In particular, the rising consumer confidence index indicates a growing willingne ...

申请银行牌照相关 - Mercado Pago于本月初向墨西哥监管机构（国家银行和证券委员会）申请银行牌照[1] - 获得银行牌照后公司将能够增加储蓄和支票账户、存款证、商业贷款和抵押贷款等业务[1] - 公司在5月21日的新闻稿中就表示计划寻求银行牌照并将在数月内正式提交申请[1] - 公司表示这一过程不会影响数字账户的当前运营并将继续增加和改进现有产品[2] - 公司总经理表示公司以数字、包容和高效的方式提供类似传统银行的服务数百万用户将其视为数字银行现在想正式成为墨西哥最大的100%数字银行[2] - 公司总裁兼首席执行官表示在墨西哥获得银行牌照将使其能够正面竞争并成为该地区最大的数字银行且能提供包括工资账户和存款融资贷款等更广泛的服务[2] 融资相关 - MercadoLibre从摩根大通获得2.5亿美元融资用于发展Mercado Pago在墨西哥的业务[3] - 公司将利用新资源为墨西哥更多企业和个人提供资金重点是墨西哥中小企业[3] 业务发展相关 - 过去一年公司在墨西哥的移动信用卡读卡器数量翻倍[3] - 截至第二季度末公司在墨西哥的贷款组合扩大至15亿美元[3]

MercadoLibre (MELI) closed the latest trading day at $2,131.29, indicating a +0.96% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%.The operator of an online marketplace and payments system in Latin America's stock has climbed by 3.67% in the past month, falling short of the Retail-Wholesale sector's gain of 6.04% and outpacing the S&P 500's gain of 1.95%.Market participants ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

MercadoLibre (MELI) , the leading e-commerce platform in Latin America, has seen its stock jump 62.9% over the past year, outperforming the Zacks Internet-Commerce industry’s return of 36%, the broader retail sector’s rally of 30.3% and the S&P 500 index’s gain of 31.1%. This impressive growth has been fueled by several factors, including MELI’s growing e-commerce business, robust shipping services, and strong presence in Brazil, Mexico and Argentina.The company is also benefiting from the solid momentum in ...

Investors interested in stocks from the Internet - Commerce sector have probably already heard of JD.com, Inc. (JD) and MercadoLibre (MELI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that ta ...