$1000 Invested In This Stock 5 Years Ago Would Be Worth $43,000 Today

Enphase Energy ENPH has outperformed the market over the past 5 years by 104.33% on an annualized basis producing an average annual return of 111.6%. Currently, Enphase Energy has a market capitalization of $27.56 billion.

Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 5 years ago, it would be worth $42,594.94 today based on a price of $201.90 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.