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If You Invested $100 In This Stock 5 Years Ago, Here's How Much You Would Have Today

First Solar (NASDAQ:FSLR) has outperformed the market over the past 5 years by 4.98% on an annualized basis.

Benzinga · 12/29/2021 09:55

First Solar (NASDAQ:FSLR) has outperformed the market over the past 5 years by 4.98% on an annualized basis.

Buying $100 In FSLR: 5 years ago, an investor could have purchased 2.98 shares of First Solar at the time with $100. This investment in FSLR would have produced an average annual return of 21.17%. Currently, First Solar has a market capitalization of $9.29 billion.

First Solar's Share Price Over Last 5 Years

comp_fig

If you had invested $100 in First Solar you would have approximately $261.15 today.

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.

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