Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 21.83% on an annualized basis, producing an average annual return of 31.19%. If an investor had bought $100 of MELI stock 15 years ago, it would be worth $5,397.92 today.
September 12, 2023 | 9:30 pm
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MercadoLibre's stock has shown strong performance over the past 15 years, outperforming the market by 21.83% on an annualized basis. This historical performance may attract investors looking for long-term growth.
The news highlights the strong historical performance of MercadoLibre's stock, which has outperformed the market over the past 15 years. This could potentially attract investors looking for long-term growth, thereby increasing demand for the stock and potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100