If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today

Enphase Energy ENPH has outperformed the market over the past 10 years by 5.32% on an annualized basis producing an average annual return of 16.77%. Currently, Enphase Energy has a market capitalization of $8.48 billion.

Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 10 years ago, it would be worth $4,811.65 today based on a price of $62.79 for ENPH at the time of writing.

Enphase Energy's Performance Over Last 10 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.