If You Invested $1000 In This Stock 5 Years Ago, You Would Have $12,000 Today

Enphase Energy ENPH has outperformed the market over the past 5 years by 51.95% on an annualized basis producing an average annual return of 64.52%. Currently, Enphase Energy has a market capitalization of $16.47 billion.

Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 5 years ago, it would be worth $12,459.45 today based on a price of $121.34 for ENPH at the time of writing.

Enphase Energy'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.