If You Invested $1000 In This Stock 15 Years Ago, You Would Have $5,900 Today

Canadian Solar (NASDAQ:CSIQ) has outperformed the market over the past 15 years by 5.83% on an annualized basis producing an average annual return of 12.39%. Currently, Canadian Solar has a market capitalization of $2.71 billion.

Buying $1000 In CSIQ: If an investor had bought $1000 of CSIQ stock 15 years ago, it would be worth $5,909.94 today based on a price of $42.20 for CSIQ at the time of writing.

Canadian Solar's Performance Over Last 15 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.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.