If You Invested $100 In This Stock 15 Years Ago, You Would Have $5,800 Today
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has significantly outperformed the market over the past 15 years, with an annualized return of 31.01%. A $100 investment in MELI 15 years ago would be worth $5,819.43 today, highlighting the power of compounded returns.
September 04, 2024 | 6:30 pm
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MercadoLibre has shown exceptional growth over the past 15 years, with a 31.01% annualized return. This highlights its strong market performance and potential for continued growth.
The article highlights MercadoLibre's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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