$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,100 Today

MercadoLibre MELI has outperformed the market over the past 5 years by 12.96% on an annualized basis producing an average annual return of 25.93%. Currently, MercadoLibre has a market capitalization of $96.86 billion.

Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 5 years ago, it would be worth $3,059.14 today based on a price of $1910.53 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.