Here’s How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years – MercadoLibre (NASDAQ:MELI)

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 14.23% on an annualized basis producing an average annual return of 26.59%. Currently, MercadoLibre has a market capitalization of $113.61 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $3,485.80 today based on a price of $2241.00 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.