Weekly Update March 10-14

MELI Mexico, AXON innovations, TMDX flights, and a watchlist company

Let’s get right into it!

MercadoLibre

Last week, MercadoLibre announced they were investing $3.4 billion in Mexico. The stock was actually down 7% at one point on the news but this is exactly the right long-term decision. Margins will be a little compressed near-term but management isn’t focused on next quarter. This investment comes on the back of Mexica…