SolarEdge Technologies (NASDAQ:SEDG) has outperformed the market over the past 5 years by 60.77% on an annualized basis producing an average annual return of 73.44%. Currently, SolarEdge Technologies has a market capitalization of $14.22 billion.

Buying $1000 In SEDG: If an investor had bought $1000 of SEDG stock 5 years ago, it would be worth $15,600.54 today based on a price of $258.04 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.