$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 35.16%. A $100 investment in MELI 15 years ago would be worth $10,138.01 today. MercadoLibre's market capitalization currently stands at $79.34 billion.
December 07, 2023 | 2:30 pm
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MercadoLibre's stock has provided exceptional returns over the past 15 years, with a $100 investment growing to $10,138.01.
The article highlights MercadoLibre's strong historical performance, which is likely to positively influence investor perception and could lead to increased investor interest in the short term. The impressive long-term returns serve as a testament to the company's growth and might attract more long-term investors.
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