Editor's note: TipRanks is a tech company that ranks analysts and financial bloggers based on the performance of their picks. The goal of this piece is to highlight an analyst who has a great track record, rather than the ones from the biggest firms.
One of Wall Street's best analysts says investors should buy MercadoLibre, a leading international e-commerce marketplace company.
Gene Munster of PiperJaffray has a 16.3 percent one-year average return in his stock recommendations. He is ranked in the top 1 percent of all Wall Street analysts for his stock picking acumen, according to TipRanks.
Here is why the top analyst is bullish on the stock.