Enphase Energy ENPH has outperformed the market over the past 10 years by 31.61% on an annualized basis producing an average annual return of 42.35%. Currently, Enphase Energy has a market capitalization of $26.08 billion.
Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 10 years ago, it would be worth $34,040.56 today based on a price of $193.11 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.