Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years

-0.28%

MercadoLibre, Inc.

MELI

1675.27

-0.28%

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 12.41% on an annualized basis producing an average annual return of 24.08%. Currently, MercadoLibre has a market capitalization of $83.80 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $2,493.00 today based on a price of $1652.86 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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