MercadoLibre MELI has outperformed the market over the past 5 years by 17.2% on an annualized basis producing an average annual return of 27.09%. Currently, MercadoLibre has a market capitalization of $42.84 billion.
Buying $100 In MELI: If an investor had bought $100 of MELI stock 5 years ago, it would be worth $331.60 today based on a price of $850.99 for MELI at the time of writing.
MercadoLibre's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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