As U.S. stocks continue to struggle, some investors look to foreign names for potential opportunities. Investor's Business Daily's Global Leaders screen identifies 10 leading international firms based outside the U.S., including e-commerce stock MercadoLibre and Marex Group.
Both have been holding up relatively well. But even MercadoLibre stock and Marex couldn't escape Monday's general market sell-off. The two companies sit on the MarketSurge Growth 250. Marex Group also is on the IBD 50.
Leading Latin American e-commerce platform operator MercadoLibre was a recent IBD Stock Of The Day pick. The company is similar to Amazon.com in the U.S. and Alibaba in China.
Meanwhile, U.K.-based Marex Group is a financial services player. It offers trade clearing services, hedging and customized investment products, and serves the agriculture, metals, energy and environmental, and capital markets industries.
How To Know It's Time To Sell Your Favorite Stock
MercadoLibre Stock Builds A Base
MercadoLibre stock climbed nearly 4% Tuesday and moved back above its 10-week moving average.
MercadoLibre would be in its second consecutive double-bottom base, under normal market terms. It holds a 2,202 buy point, according to MarketSurge pattern recognition. But the entry should be used only as a guide during weak market environments, as IBD continues to recommend 0% to 20% stock market exposure.
Its relative strength line reached a 52-week high as shown by the blue dot on its MarketSurge chart.
The e-commerce stock has a 21-day average true range, or ATR, of 4.9%. In the current, unpredictable market, IBD suggests stocks with ATRs of 3% or below.
Institutions have unloaded the e-commerce stock over the last 13 weeks as seen in its IBD Accumulation/Distribution Rating of D. Mutual fund ownership dropped to 3,292 in March from 3,328 in December.
Plans For MercadoLibre
As far as its future goes, Bloomberg recently reported that the e-commerce firm looks to add 28,000 workers in 2025. Meanwhile, first-quarter earnings estimates show 22% growth while full-year 2025 profit is expected to climb 24%.
Its fourth-quarter sales grew 37% with estimates calling for a 26% increase in the first quarter and an average 21% rise over the following three quarters.
MercadoLibre is expected to report first-quarter earnings results in early May.
MercadoLibre operates an e-commerce and online auction platform working with 3,000 stores or brands across 18 countries in Central and South America. Its largest markets are Brazil, Mexico and Argentina. It works with more than 6,000 companies in its supply and service chain.
It also runs Mercado Pago, its fintech business that offers credit to consumers and merchants.
IPO Stock Marex Outpaces Most
After sinking during the market sell-off Monday, Marex moved up nearly 3% and retook its 21-day exponential moving average Tuesday.
The stock has climbed around 17% so far this year. And its 97 Relative Strength Rating means it outperformed 97% of stocks in IBD's database over the last 12 months.
On Thursday, the financial services company announced a secondary offering of 10.3 million shares at 35.50 a share. Marex started trading in April 2024, with an initial offering at 19 a share.
Marex stock has been choppy since it broke out of a cuplike consolidation pattern with an official 40.05 buy point on April 9. The stock reached an all-time high the same day but the breakout didn't hold and the stock is around 8% below its entry. Its volatility is reflected in its 6.5% ATR.
Full-year 2025 profit is projected to climb 10% then 11% in 2026. The company has been a steady profit grower as seen in its Earnings Stability factor of 7 out of 99 possible — with a lower number being better.
The stock has a Composite Rating of 98 out of a best-possible 99. Its Earnings Per Share Rating is 99.
Marex hosted an Investor Day on April 2.
Follow Kimberley Koenig for more stock market news on X, the platform formerly known as Twitter, @IBD_KKoenig.
