2022-11-24 16:04:06

$1000 Invested In MercadoLibre 5 Years Ago Would Be Worth This Much Today - MercadoLibre (NASDAQ:MELI)

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Benzinga
By Benzinga Insights

MercadoLibre MELI has outperformed the market over the past 5 years by 20.07% on an annualized basis producing an average annual return of 28.96%. Currently, MercadoLibre has a market capitalization of $48.41 billion.

Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 5 years ago, it would be worth $3,530.30 today based on a price of $962.43 for MELI at the time of writing.

MercadoLibre's Performance Over Last 5 Years

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.

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