Jim Cramer on MercadoLibre: "That is Such a Good Company"

MercadoLibre, Inc. (NASDAQ:MELI) is one of the stocks on Jim Cramer’s radar recently. Toward the end of the lightning round, a caller sought Cramer’s thoughts on MELI, and here’s what Mad Money’s host had to say in response:

“That is such a good company. I was an original investor in it, and I had to give up stock. Obviously, I’m not doing any stocks. That is a good one.”

MercadoLibre, Inc. (NASDAQ:MELI) runs an online marketplace and financial platform that lets users buy, sell, and pay for goods and services. Janus Henderson Forty Fund stated the following regarding MercadoLibre, Inc. (NASDAQ:MELI) in its third quarter 2025 investor letter:

“MercadoLibre, Inc. (NASDAQ:MELI), another detractor, is a leading online retailer and financial technology company in Latin America. The company has recently faced increased competition from other online retailers such as Amazon and Shopee. Investors worried about the impact of the increased competition on MercadoLibre’s margins and profitability, and the stock declined. We continue to believe MercadoLibre is the dominant operator in a Latin American region where e commerce and financial technology are underpenetrated. We maintained our position.”

While we acknowledge the potential of MELI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.