MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 13.37% on an annualized basis.
Buying $100 In MELI: 10 years ago, an investor could have purchased 1.04 shares of MercadoLibre at the time with $100. This investment in MELI would have produced an average annual return of 25.06%. Currently, MercadoLibre has a market capitalization of $46.00 billion.
MercadoLibre's Share Price Over Last 10 Years
If you had invested $100 in MercadoLibre you would have approximately $950.74 today.
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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This article was generated by Benzinga's automated content engine and reviewed by an editor.
