If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, MercadoLibre (NASDAQ:MELI) has achieved an average annual return of 25.88%, outperforming the market by 12.88%. A $100 investment in MELI 5 years ago would be worth $317.61 today, with the company's market capitalization currently at $78.02 billion.
March 08, 2024 | 5:00 pm
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POSITIVE IMPACT
MercadoLibre's stock has shown significant growth over the past 5 years, with a $100 investment growing to $317.61, reflecting an average annual return of 25.88%.
The substantial growth in MercadoLibre's stock value over the past 5 years, with an average annual return of 25.88%, indicates a strong performance and potential for continued positive momentum. This performance, significantly outpacing the market, suggests a high relevance and importance for investors considering MELI for their portfolios.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100