If You Invested $1000 In This Stock 5 Years Ago, You Would Have $12,000 Today
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market with an annualized return of 51.95% over the past 5 years, turning a $1000 investment into $12,459.45. The company now has a market capitalization of $16.47 billion.
April 01, 2024 | 6:00 pm
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Enphase Energy's stock has shown remarkable growth over the past 5 years, with a $1000 investment growing to $12,459.45.
The significant outperformance of Enphase Energy (ENPH) over the past 5 years, with an annualized return of 51.95%, highlights the company's strong market position and growth potential. This historical performance, coupled with a substantial market capitalization of $16.47 billion, suggests a positive outlook for ENPH's stock in the short term. Investors may view this track record as indicative of the company's ability to continue delivering strong returns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100