Here's How Much $100 Invested In Enphase Energy 10 Years Ago Would Be Worth Today

Enphase Energy (NASDAQ:ENPH) has outperformed the market over the past 10 years by 23.5% on an annualized basis producing an average annual return of 36.7%. Currently, Enphase Energy has a market capitalization of $5.19 billion.

Buying $100 In ENPH: If an investor had bought $100 of ENPH stock 10 years ago, it would be worth $2,304.83 today based on a price of $39.41 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.