$100 Invested In MercadoLibre 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, MercadoLibre (NASDAQ:MELI) has significantly outperformed the market, with an average annual return of 39.08%. A $100 investment in MELI 15 years ago would now be worth $16,454.17. The company's current market capitalization stands at $74.30 billion.
November 17, 2023 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MercadoLibre's stock has provided exceptional returns over the past 15 years, with a $100 investment growing to $16,454.17.
The historical performance of MercadoLibre's stock is indicative of the company's strong growth and market outperformance. This track record may continue to attract investors looking for long-term growth opportunities, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100