Here's How Much You Would Have Made Owning MercadoLibre Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has significantly outperformed the market over the past 5 years, with an average annual return of 30.39%. A $100 investment in MELI 5 years ago would now be worth $383.28. The article highlights the power of compounded returns.
October 15, 2024 | 5:00 pm
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MercadoLibre has shown strong performance over the past 5 years, with an average annual return of 30.39%, significantly outperforming the market.
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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