Here's How Much $1000 Invested In Enphase Energy 10 Years Ago Would Be Worth Today

Enphase Energy ENPH has outperformed the market over the past 10 years by 10.69% on an annualized basis producing an average annual return of 23.17%. Currently, Enphase Energy has a market capitalization of $4.59 billion.

Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 10 years ago, it would be worth $8,303.57 today based on a price of $35.10 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.