$100 Invested In This Stock 5 Years Ago Would Be Worth $1,300 Today

SolarEdge Technologies (NASDAQ:SEDG) has outperformed the market over the past 5 years by 54.03% on an annualized basis producing an average annual return of 63.77%. Currently, SolarEdge Technologies has a market capitalization of $17.30 billion.

Buying $100 In SEDG: If an investor had bought $100 of SEDG stock 5 years ago, it would be worth $1,251.53 today based on a price of $311.00 for SEDG at the time of writing.

SolarEdge Technologies'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.