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Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 10 Years

Benzinga ·  Apr 30 05:00

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 22.15% on an annualized basis producing an average annual return of 32.72%. Currently, MercadoLibre has a market capitalization of $72.92 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 10 years ago, it would be worth $1,625.82 today based on a price of $1438.36 for MELI at the time of writing.

MercadoLibre's Performance Over Last 10 Years

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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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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