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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,100 Today

Author: Benzinga Insights | April 01, 2024 10:00am

First Solar (NASDAQ:FSLR) has outperformed the market over the past 5 years by 12.1% on an annualized basis producing an average annual return of 24.79%. Currently, First Solar has a market capitalization of $18.20 billion.

Buying $1000 In FSLR: If an investor had bought $1000 of FSLR stock 5 years ago, it would be worth $3,075.93 today based on a price of $170.34 for FSLR at the time of writing.

First Solar's Performance Over Last 5 Years

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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.

Posted In: FSLR

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