Here's How Much $1000 Invested In MercadoLibre 5 Years Ago Would Be Worth 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 21.12%. A $1000 investment in MELI 5 years ago would now be worth $2,600.10. The article highlights the power of compounded returns.
July 19, 2024 | 6:00 pm
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MercadoLibre has delivered an impressive average annual return of 21.12% over the past 5 years, significantly outperforming the market. A $1000 investment 5 years ago would now be worth $2,600.10.
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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