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

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.

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