If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.95%. A $100 investment in MELI 5 years ago would be worth approximately $291.97 today. The article highlights the power of compounded returns in long-term investments.
June 03, 2024 | 3:30 pm
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MercadoLibre has delivered an impressive average annual return of 22.95% over the past 5 years, significantly outperforming the market. A $100 investment 5 years ago would now be worth $291.97.
The article highlights MercadoLibre's strong performance over the past 5 years, which is likely to positively influence investor sentiment and potentially drive the stock price higher in the short term.
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