Enphase Energy (NASDAQ:ENPH) has outperformed the market over the past 10 years by 24.86% on an annualized basis producing an average annual return of 39.05%. Currently, Enphase Energy has a market capitalization of $6.47 billion.

Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 10 years ago, it would be worth $26,031.58 today based on a price of $49.46 for ENPH at the time of writing.

Enphase Energy's Performance Over Last 10 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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