Here's How Much You Would Have Made Owning Enphase Energy Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market, with an annualized return of 51.5% and an average annual return of 64.16%, growing a $100 investment to $1,134.13. The company currently has a market capitalization of $15.85 billion.
March 14, 2024 | 7:30 pm
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Enphase Energy has delivered an impressive performance over the last 5 years, with a 51.5% annualized return and an average annual return of 64.16%, turning a $100 investment into $1,134.13.
The significant outperformance of Enphase Energy in the market over the past 5 years, with substantial returns on investment, highlights the company's strong growth trajectory and market position. This historical performance is likely to positively influence investor sentiment and could lead to increased demand for ENPH shares in the short term, potentially driving up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100