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This Solar Company's 5-Year Return Beats Tesla, Bitcoin, Ethereum, Ford, Apple, Microsoft And Amazon

Published 03/10/2022, 15:06
Updated 03/10/2022, 15:40
© Reuters.  This Solar Company's 5-Year Return Beats Tesla, Bitcoin, Ethereum, Ford, Apple, Microsoft And Amazon

© Reuters. This Solar Company's 5-Year Return Beats Tesla, Bitcoin, Ethereum, Ford, Apple, Microsoft And Amazon

Enphase Energy Inc (NASDAQ: ENPH) is known as a global leader in solar energy solutions, and over the past five years, delivered beaming returns for traders and investors.

Since October 2017, Enphase Energy stock’s 5-year return has outperformed several of the world’s most popular cryptocurrencies, EV, entertainment and tech stocks: Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) Tesla Inc (NASDAQ: NASDAQ:TSLA), Walt Disney Co (NYSE: NYSE:DIS), Apple Inc (NASDAQ: NASDAQ:AAPL), Microsoft Corporation (NASDAQ: NASDAQ:MSFT), Ford Motor Company (NYSE: NYSE:F) and Amazon.com, Inc. (NASDAQ: NASDAQ:AMZN).

Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one platform.

The company's micro inverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution.

Enphase Energy was incorporated in 2006 and is headquartered in Fremont, California.

Here's how the returns break down from October 2017 to present:

  • Tesla is up from $23.79 to $246.76 for a return of 937.24%
  • Bitcoin is up from $5,819.13 to $19,175.60 for a return of 229.53%
  • Ethereum is up from $338.37 to $1,297.84 for a return of 283.56%
  • Ford is down from $12.31 to $11.39 for a return of -7.47%
  • Apple is up from $38.83 to $140.10 for a return of 260.80%
  • Microsoft is up from $76.00 to $236.73 for a return of 211.49%
  • Amazon is up from $49.48 to $113.76 for a return of 129.92%
And finally, Enphase Energy is up from $1.49 to $286.32 for a return of 19,116.11%

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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