MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 12.76% on an annualized basis producing an average annual return of 24.67%. Currently, MercadoLibre has a market capitalization of $96.74 billion.
Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $2,755.51 today based on a price of $1908.19 for MELI at the time of writing.
MercadoLibre’s Performance Over Last 15 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.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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