SolarEdge Technologies (NASDAQ:SEDG) has outperformed the market over the past 5 years by 63.01% on an annualized basis producing an average annual return of 74.71%. Currently, SolarEdge Technologies has a market capitalization of $14.48 billion.
Buying $100 In SEDG: If an investor had bought $100 of SEDG stock 5 years ago, it would be worth $1,638.18 today based on a price of $261.42 for SEDG at the time of writing.
SolarEdge Technologies'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.
