Jim Cramer Says Buy Mercadolibre (MELI)

Last night on Mad Money, Jim Cramer suggested that investors that want to seek a safe foreign stock, should look at Mercadolibre (Nasdaq: MELI). He thinks Mercadolibre could more than double.

Mercadolibre processes ecommerce transactions, which is a great business and an even better business in Latin America, where it's headquartered.

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