$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 5 years by 5.27% on an annualized basis producing an average annual return of 19.81%. Currently, MercadoLibre has a market capitalization of $126.08 billion.
Buying $100 In MELI: If an investor had bought $100 of MELI stock 5 years ago, it would be worth $249.72 today based on a price of $2487.01 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.
Posted-In: BZI-PODNews Trading Ideas