Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years

MercadoLibre MELI has outperformed the market over the past 15 years by 17.46% on an annualized basis producing an average annual return of 23.82%. Currently, MercadoLibre has a market capitalization of $45.84 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $2,391.40 today based on a price of $910.64 for MELI at the time of writing.

MercadoLibre's Performance Over Last 15 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.