MercadoLibre MELI has outperformed the market by 18.16% on an annualized basis over the past 15 years and has produced a compound annual return of 25.81%. Currently, MercadoLibre has a market cap of $68.28 billion.
Buy $1000 in MELI: If an investor bought $1,000 worth of MELI stock 15 years ago, it would have been worth it $31,299.77 today based on a price of $1359.97 for MELI at the time of writing.
MercadoLibre’s performance over the past 15 years
Finally: What is the point of all this? The most important takeaway from this article is how big a difference total return can make to your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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