$100 invested in MercadoLibre 5 years ago would be worth the same today

MercadoLibre MELI has outperformed the market over the past 5 years by 15.42% on an annualized basis, producing an average annual return of 22.93%. Currently, MercadoLibre has a market cap of $55.42 billion.

Buy $100 in MELI: If an investor bought $100 of MELI stock 5 years ago, it would be worth $284.56 today based on a price of $1,101.99 for MELI at time of writing.

Performance of MercadoLibre over the last 5 years

Finally -- what's the point of all this? The key takeaway from this article is to note the difference compounding returns can make in your cash flow 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.