$100 Invested In This Stock 5 Years Ago Would Be Worth $800 Today
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market with an annualized return of 51.41% over the past 5 years, turning a $100 investment into $791.25 today. The company's market capitalization stands at $14.89 billion.
April 30, 2024 | 5:00 pm
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POSITIVE IMPACT
Enphase Energy's stock has delivered a remarkable 51.41% annualized return over the past 5 years, significantly outperforming the market.
The substantial growth in Enphase Energy's stock price over the past 5 years, as highlighted by the 700% increase in investment value, demonstrates the company's strong market performance and potential for continued growth. This historical performance, coupled with the company's significant market capitalization, suggests a positive outlook for ENPH's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100