share_log

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,200 Today

Benzinga ·  12:30

First Solar (NASDAQ:FSLR) has outperformed the market over the past 5 years by 12.96% on an annualized basis producing an average annual return of 25.96%. Currently, First Solar has a market capitalization of $22.54 billion.

Buying $1000 In FSLR: If an investor had bought $1000 of FSLR stock 5 years ago, it would be worth $3,161.74 today based on a price of $210.54 for FSLR at the time of writing.

First Solar's Performance Over Last 5 Years

1721320222_0.png

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment