MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 22.03% on an annualized basis producing an average annual return of 36.22%. Currently, MercadoLibre has a market capitalization of $103.03 billion.

Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 10 years ago, it would be worth $22,334.51 today based on a price of $2032.25 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.

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