$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today
MercadoLibre (MELI) has delivered an impressive annualized return of 26.8% over the past 15 years, outperforming the market by 14.26%. With a current market capitalization of $125.37 billion, an investment of $1000 in MELI stock 15 years ago would now be worth $35,206.58, highlighting the significant impact of compounded returns on investment growth.
MercadoLibre MELI has outperformed the market over the past 15 years by 14.26% on an annualized basis producing an average annual return of 26.8%. Currently, MercadoLibre has a market capitalization of $125.37 billion.
Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $35,206.58 today based on a price of $2472.91 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.
