meta_pixel
Tapesearch Logo
Log in
Motley Fool Hidden Gems Investing

Live from Austin!

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 1 March 2019

⏱️ 40 minutes

🧾️ Download transcript

Summary

MercadoLibre hits a new high. Booking Holdings falls on guidance. And Etsy crafts a twenty-percent rise. On this week’s show – live from Austin, Texas - analysts Andy Cross and Jason Moser dig into those stories and talk Square, Teladoc, and Lucky Charms-like beer. And we revisit Motley Fool CEO Tom Gardner's conversation with Southwest Airlines co-founder Herb Kelleher.  Thanks to Airbnb for supporting Motley Fool Money. Go to airbnb.com/fool and start hosting you’ll receive a $100 Amazon Gift Card if you generate $500 in booking value by May 30. Terms and conditions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Thanks to Airbnb for sponsoring this week's Motley Fool Money, whether you're looking for some side cash or a steady income, hosting on Airbnb might just be the best investment you haven't made yet.

0:11.0

Go to Airbnb.com slash Fool to start hosting and learn about a $100 Amazon gift card offer for our dozens of listeners, terms and conditions apply.

0:22.5

Everybody needs money. That's why they call it money.

0:28.5

From Fool Global headquarters, this is Motley Fool Money. It's the Motley Fool Money Radio Show. I'm Chris Hill joining me this week.

0:43.5

Senior analyst Jason Moser and Andy Cross. Thanks for being here, guys.

0:47.5

We're coming to you from Austin, Texas. We're here for an investing conference. We are not in the studio. We're on the outskirts of a bar here at the hotel.

0:56.5

And we actually have a live audience in front of us. Check it out. The dozens of listeners joining us. We've got the latest headlines from Wall Street. We've got a very special interview with the late great Herb Keller here that we're going to bring to you.

1:09.5

As always, we're giving inside a look at the stocks on our radar. But since the theme of this conference is global investing, let's start with a couple of international brands.

1:18.5

Fourth quarter results from Makato Libre sent the stock up 20% a dominant e-commerce player in Latin America. Makato Libre shares hitting a new all-time high this week, Jason.

1:28.5

Yeah, I mean, this was really a strong core, but virtually every metric. They basically at this point own the Latin America e-commerce market.

1:37.5

We've talked about this in the lobby here after some of our conversations today. It's hard to figure out how Amazon could come in here one day and take share from Makato Libre at this point because not only have they developed this robust e-commerce platform, but really the Makato Pego part of the business.

1:55.5

They're payments part of the business is grown to be something that's just astounding. I mean, we talk about war on cash investments. Makato Libre certainly is worth putting at the top of the list there.

2:06.5

I mean, total payment volume through that platform surpassed $5 billion for the first time ever. So, I mean, this is not just an e-commerce play. This is a payments play.

2:17.5

Again, I don't know how a competitor comes in there and really take share from them at this point. So, when you look at getting some global exposure to e-commerce to tech, to fintech all that stuff, Makato Libre just seems like a no brainer.

2:28.5

Well, and as tough as the Latin American market has had it and the economy is down there, continue to struggle and have it tough go at it. It's nice to see Makato Libre have some actual momentum behind it now.

2:38.5

And I mean, really, the other part to this puzzle that I think is going to play out in their favor over many years to come, really, it's the emergence of the middle class in Latin America in general.

2:47.5

And that is a middle class that is continuing to grow more consumers having more purchasing power. That will definitely play in the Makato Libre's financials as well.

2:57.5

You're really saying Amazon is unable to disrupt this business?

3:01.5

I have a hard time believing they could go in there and take away share at this point. I mean, you have a point where businesses get in and establish a position.

3:08.5

And really, I think it's not only the e-commerce platform, but it's that payments part. That's a really sticky aspect of any business.

3:15.5

It's just going to be difficult for any company to get in there and really take share. You know, I'm kind of disappointed that Amazon didn't go in there and try to acquire them at some point earlier in the game.

3:24.5

But if they want to do that now, they're going to have to pay up for it.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.