In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross tackle a question from a London-based listener with a two-part globally minded query.
Of Amazon (NASDAQ: AMZN), MercadoLibre (NASDAQ: MELI), Flipkart, and Alibaba (NYSE: BABA), which do the guys think is the better investment and which do they think will win the biggest share of e-commerce in the developing world? Not the same answer.
A full transcript follows the video.
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This video was recorded on Dec. 15, 2017.
Chris Hill: Question from Cam in London, England, who writes: "Amazon, Flipkart, MercadoLibre, and Alibaba. Who do you like the most, and who do you think is going to do best in the developing world?" Great question, Cam, thanks for hitting us up. Matt Argersinger, what do you think?
Matt Argersinger: I guess I have two answers, because he had two questions there. I think MercadoLibre is probably the best investment. I feel it has the most upside given the size, given the dominance it has in the regional Latin America vs. the other companies mentioned. But if you asked me who's going to do best in the developing world, I have to go with Amazon. And I think one of the reasons is, if you look at the share they've already taken in India, which is probably, even better than China, the most interesting and exciting e-commerce market. They've already taken so much share from Flipkart and they're growing exponentially in that country, so I would have to get that to Amazon.
Hill: Do you agree with that, Jason? Because Alibaba is doing pretty well on their own.
Jason Moser: I would answer, Mercado Libre, Amazon for sure is investing in India like no other. I think Amazon is going to take more share in India than probably anyone else stands to. I do like what AliBaba is doing. Corporate structure notwithstanding, it's not the most transparent business in the world. I think personally, I'm not going to buy shares of it just because I don't need to. But, I do think that what Jack Ma is doing is opening up China to becoming more of an importer. That's kind of the goal there, to make China more of an importing country, bringing goods in from the U.S. and Brazil and Russia and wherever. I like that. I think he's opening up the Chinese consumer to, certainly, a decade and beyond to some great products and services. I think, all three, you probably can't go wrong.
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Chris Hill owns shares of Amazon. Jason Moser has no position in any of the stocks mentioned. Matthew Argersinger owns shares of Amazon and MercadoLibre. The Motley Fool owns shares of and recommends Amazon and MercadoLibre. The Motley Fool has a disclosure policy.