$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,100 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 25.93%. A $1000 investment in MELI 5 years ago would be worth $3,059.14 today. The article highlights the power of compounded returns.
August 13, 2024 | 2:00 pm
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MercadoLibre has delivered an impressive average annual return of 25.93% over the past 5 years, significantly outperforming the market. A $1000 investment 5 years ago would now be worth $3,059.14.
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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