If You Invested $1000 In This Stock 15 Years Ago, You Would Have $110 Thousand Today
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 26.54% on an annualized basis, producing an average annual return of 37.39%. If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $112,239.51 today.
November 03, 2023 | 2:00 pm
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MercadoLibre's stock has shown strong performance over the past 15 years, outperforming the market by 26.54% on an annualized basis. This historical performance may attract investors looking for long-term growth.
The article highlights the strong historical performance of MercadoLibre's stock, which has outperformed the market by 26.54% on an annualized basis over the past 15 years. This kind of long-term performance is often attractive to investors looking for stable growth opportunities, which could potentially drive up demand for the stock in the short term.
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