2 Recent Buys – SPGI, MELI

BuySell

A quick update on a couple of recent buys in my portfolio. After a lot of sales in March, I have decided to start wading back into the markets as the volatility subsides.

  • First purchase: I continued adding more to my position in S&P Global Inc (SPGI) @ $280.70. I am starting to get close to a full position in this company, but may go for one more tranche if I see some weakness in coming weeks/months.
  • Second purchase: I initiated a new position in MercadoLibre Inc (MELI) @ $570.00. MercadoLibre is a fast growing e-commerce company focused on the Latin American market. It’s a company that I had heard about but only recently started researching. I have started a Twitter thread where I capture details about the company if you are interested in following along.

What are your thoughts on these purchases. Share a comment below.

Full Disclosure: Long SPGI, MELI. Our full list of holdings is available here.

2 thoughts on “2 Recent Buys – SPGI, MELI

  1. MELI turned out pretty good in the last few days,i read about it here initially and decided to add and forgot.What do you think about its growth,Can we enter or wait for some dip.

    • Still a growing company with a long runway….although current investor sentiment in the space seems a bit outlandish to me. Im looking to add too & trying to figure that out.

      R2R

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