If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

MercadoLibre MELI has outperformed the market over the past 5 years by 10.12% on an annualized basis producing an average annual return of 22.95%. Currently, MercadoLibre has a market capitalization of $86.10 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 5 years ago, it would be worth $291.97 today based on a price of $1698.34 for MELI at the time of writing.

MercadoLibre's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.