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Benzinga
Benzinga
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Benzinga Insights

$1000 Invested In This Stock 5 Years Ago, Would Be Worth This Much

Enphase Energy (NASDAQ:ENPH) has outperformed the market over the past 5 years by 140.03% on an annualized basis.

Buying $1,000 In ENPH: 5 years ago, an investor could have purchased 662.25 shares of Enphase Energy at the time with $1,000. This investment in ENPH would have produced an average annual return of 154.37%. Currently, Enphase Energy has a market capitalization of $21.64 billion.

Enphase Energy's Share Price Over Last 5 Years

If you had invested $1,000 in Enphase Energy you would have approximately $105,792.05 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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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