This is How A lot You Would Have Made Proudly owning MercadoLibre Inventory In The Final 15 Years – MercadoLibre (NASDAQ:MELI)

MercadoLibre (NASDAQ:MELI) has outperformed the market over the previous 15 years by 14.23% on an annualized foundation producing a median annual return of 26.59%. At the moment, MercadoLibre has a market capitalization of $113.61 billion.

Shopping for $100 In MELI: If an investor had purchased $100 of MELI inventory 15 years in the past, it could be price $3,485.80 immediately based mostly on a worth of $2241.00 for MELI on the time of writing.

MercadoLibre’s Efficiency Over Final 15 Years

Lastly — what is the level of all this? The important thing perception to take from this text is to notice how a lot of a distinction compounded returns could make in your money progress over a time period.

This text was generated by Benzinga’s automated content material engine and reviewed by an editor.