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MercadoLibre, Inc. (NASDAQ:MELI) is one of the 10 Stocks That Will Skyrocket When Oil Prices Fall. As reported by Reuters on March 25, MercadoLibre, Inc. (NASDAQ:MELI) said it will invest 57 billion reals, or $10.9 billion, in Brazil in 2026, about 50% more than it spent in 2025. According to the company, most of this investment will go toward expanding its logistics network and strengthening its e-commerce marketplace platform. As part of this plan, MercadoLibre, Inc. (NASDAQ:MELI) will open 14 new fulfilment centres, bringing the total in Brazil to 42. The company also plans to create around 10,000 new jobs, with a focus on logistics, financial services, and technology. MercadoLibre, Inc.’s (NASDAQ:MELI) financial unit, Mercado Pago, will also benefit from this investment. The goal is to increase credit for consumers and small businesses that operate within its ecosystem in Brazil.

Brazil continues to be the company’s largest market and a major driver of revenue. The investment is intended to support a stronger logistics network, faster delivery, and a broader fintech and credit offering. Earlier this month, MercadoLibre, Inc. (NASDAQ:MELI) also announced a $3.4 billion ⁠investment in Argentina, highlighting its ongoing expansion across Latin America.

According to a report released on the same day, Morgan Stanley reiterated a Buy rating on MercadoLibre, Inc. (NASDAQ:MELI), along with a price target of  $2,600. The firm’s price target offers an additional 47% upside from the current levels.

MercadoLibre, Inc. (NASDAQ:MELI) runs online commerce platforms. It operates Mercado Pago and Mercado Libre Marketplace. The company also offers  Mercado Fondo, Mercado Mercado Envios, and Mercado Credito. MercadoLibre was founded in 1999 and is based in Montevideo, Uruguay.

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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