In this article, I evaluated two internet stocks, Meta Platforms, Inc. (META) and MercadoLibre, Inc. (MELI), to determine which has the potential for better returns. We believe META is the better investment for reasons explained throughout this piece.
The internet has impacted nearly every aspect of our lives, transforming how we communicate, work, learn, shop, manage our finances, and access entertainment. As of October 2023, there were approximately 5.3 billion internet users worldwide, accounting for 65.7% of the global population. Of this total, about 4.95 billion or 61.4% of the global population, were social media users.
