If You Invested $100 In This Stock 10 Years Ago, You Would Have $11,000 Today

Enphase Energy ENPH has outperformed the market over the past 10 years by 49.95% on an annualized basis producing an average annual return of 61.05%. Currently, Enphase Energy has a market capitalization of $43.24 billion.

Buying $100 In ENPH: If an investor had bought $100 of ENPH stock 10 years ago, it would be worth $11,320.28 today based on a price of $318.11 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.