If You Invested $100 In This Stock 10 Years Ago, You Would Have $900 Today
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 14.56% on an annualized basis, producing an average annual return of 24.1%. If an investor had bought $100 of MELI stock 10 years ago, it would be worth $858.38 today.
October 16, 2023 | 8:30 pm
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POSITIVE IMPACT
MercadoLibre's stock has shown strong performance over the past 10 years, outperforming the market by 14.56% on an annualized basis. An investment of $100 in MELI 10 years ago would be worth $858.38 today.
The article highlights the strong performance of MercadoLibre's stock over the past 10 years, which has outperformed the market by 14.56% on an annualized basis. This strong performance indicates a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100