Here's How Much $100 Invested In MercadoLibre 15 Years Ago Would Be Worth Today

MercadoLibre, Inc. -1.01%

MercadoLibre, Inc.

MELI

1356.43

-1.01%

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 20.7% on an annualized basis producing an average annual return of 33.64%. Currently, MercadoLibre has a market capitalization of $77.06 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $7,729.82 today based on a price of $1520.00 for MELI at the time of writing.

MercadoLibre's Performance Over Last 15 Years

comp_fig

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.

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