SolarEdge Technologies (NASDAQ:SEDG) has outperformed the market over the past 5 years by 73.83% on an annualized basis.
Buying $100 In SEDG: 5 years ago, an investor could have purchased 7.14 shares of SolarEdge Technologies at the time with $100. This investment in SEDG would have produced an average annual return of 86.05%. Currently, SolarEdge Technologies has a market capitalization of $16.13 billion.
SolarEdge Technologies's Share Price Over Last 5 Years
If you had invested $100 in SolarEdge Technologies you would have approximately $2,181.39 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.
