Has MELI Stock Been Good for Investors?

The answer depends on how long one has been an investor.Latin America's MercadoLibre (MELI +2.29%) -- an e-commerce, logistics, and financial technology (fintech) business -- has been quite good for investors over this past decade. In fact, it's the 35th best stock over the last 10 years (among stocks that are valued at $5 billion or more), according to MacroTrends, achieving 32% annualized returns.It's not just over the past decade. Indeed, MercadoLibre stock is up over 100% in just the last three years, w ...