Enphase Energy (NASDAQ:ENPH) has outperformed the market over the past 10 years by 25.78% on an annualized basis.
Buying $100 In ENPH: 10 years ago, an investor could have purchased 13.62 shares of Enphase Energy at the time with $100. This investment in ENPH would have produced an average annual return of 37.43%. Currently, Enphase Energy has a market capitalization of $23.63 billion.
Enphase Energy's Share Price Over Last 10 Years
If you had invested $100 in Enphase Energy you would have approximately $2,403.34 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
