$100 Invested In Enphase Energy 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market, with an average annual return of 91.88% over the past 5 years. A $100 investment in ENPH 5 years ago would now be worth $2,776.05. The company's current market capitalization stands at $18.02 billion.
January 01, 2024 | 4:02 pm
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Enphase Energy's stock has provided exceptional returns over the past 5 years, with a $100 investment growing to $2,776.05, reflecting a strong performance in the renewable energy sector.
The historical performance of Enphase Energy is indicative of the company's strong growth and market outperformance. This track record may continue to attract investors, potentially driving the stock price up in the short term. However, past performance is not always indicative of future results, and investors should consider this when making investment decisions.
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