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$1000 Invested In MercadoLibre 15 Years Ago Would Be Worth This Much Today

Benzinga Real-time News ·  01/31 23:06

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 18.91% on an annualized basis producing an average annual return of 26.55%. Currently, MercadoLibre has a market capitalization of $58.45 billion. Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $32,023.99 today based on a price of $1162.16 for MELI at the time of writing.MercadoLibre's Performance Over Last 15 YearsFinally -- 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

Risk disclosure: The above content only represents the opinion of the authors or guests, and does not represent any positions of Futu or constitute any investment advice on the part of Futu. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers where necessary. Futu makes every effort to verify the authenticity, accuracy, and originality of the above content, but does not make any guarantees or promises.

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