$1000 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 annualized return of 69.16% over the past 5 years, turning a $1000 investment into $13,362.64 today. The company now has a market capitalization of $16.51 billion.
February 27, 2024 | 2:00 pm
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Enphase Energy has delivered an impressive annualized return of 69.16% over the past 5 years, significantly outperforming the market.
The substantial return of 69.16% annualized over 5 years indicates strong performance and growth of Enphase Energy. This level of growth, significantly above market average, suggests a positive outlook for ENPH's stock in the short term, especially considering its current market capitalization of $16.51 billion which reflects investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100