The Market Is Down -- Here's Which Stock Between Amazon and MercadoLibre to Buy First

The article compares Amazon (AMZN) and MercadoLibre as buy options in a down market, weighing scale, valuation and regional risk. Amazon, seen as more recession-resistant due to its e-commerce scale and AWS-driven AI demand, trades about 16% below its highs and reported 2025 net sales +12% and net income +31%; it carries a ~30 P/E, $123B liquidity and plans $200B capex for the year (up from $131B). MercadoLibre, smaller with an $87B market cap, posted 44% revenue growth in 2025 but <5% profit growth, faces margin pressure and credit provisions, and trades ~34% below its peak at ~44 P/E. The write-up suggests MercadoLibre offers higher percentage growth potential but greater regional and execution risk, while Amazon is favored for risk-averse investors.