Here's how much you would have earned owning MercadoLibre shares over the past 15 years
MercadoLibre MELI has outperformed the market over the past 15 years by 17.46% on an annualized basis, producing an average annual return of 23.82%. Currently, MercadoLibre has a market cap of $45.84 billion.
Buy $100 in MELI: If an investor bought $100 of MELI stock 15 years ago, it would be worth $2,391.40 today based on a price of $910.64 for MELI at the time of writing.
Performance of MercadoLibre over the last 15 yearsFinally -- 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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MercadoLibre MELI has outperformed the market over the past 15 years by 17.46% on an annualized basis, producing an average annual return of 23.82%. Currently, MercadoLibre has a market cap of $45.84 billion.
Buy $100 in MELI: If an investor bought $100 of MELI stock 15 years ago, it would be worth $2,391.40 today based on a price of $910.64 for MELI at the time of writing.
Performance of MercadoLibre over the last 15 yearsFinally -- 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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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