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.