MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 5 years by 16.22% on an annualized basis producing an average annual return of 30.39%. Currently, MercadoLibre has a market capitalization of $104.20 billion. Buying $100 In MELI: If an investor had bought $100 of MELI stock 5 years ago, it would be worth $383.28 today based on a price of $2055.40 for MELI at the time of writing. MercadoLibre’s Performance Over Last 5 YearsFinally — 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 …