If You Invested $100 In This Stock 15 Years Ago, You Would Have $6,500 Today
If You Invested $100 In This Stock 15 Years Ago, You Would Have $6,500 Today
如果你15年前投資了100美元在這個股票上，今天你會有6500美元。
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 18.95% on an annualized basis producing an average annual return of 31.79%. Currently, MercadoLibre has a market capitalization of $85.22 billion.
Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $6,484.99 today based on a price of $1680.91 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.