If You Invested $100 In This Stock 10 Years Ago, You Would Have $900 Today

MercadoLibre MELI has outperformed the market over the past 10 years by 14.56% on an annualized basis producing an average annual return of 24.1%. Currently, MercadoLibre has a market capitalization of $61.42 billion.

Buying $100 In MELI: If an investor had bought $100 of MELI stock 10 years ago, it would be worth $858.38 today based on a price of $1226.20 for MELI at the time of writing.

MercadoLibre's Performance Over Last 10 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.