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If You Invested $1000 In This Stock 15 Years Ago, You Would Have $5,900 Today

Canadian Solar (NASDAQ:CSIQ) has outperformed the market over the past 15 years by 5.83% on an annualized basis producing an average annual return of 12.39%. Currently, Canadian Solar has a market capitalization of $2.71 billion.

Benzinga · 09/13/2022 12:12

Canadian Solar (NASDAQ:CSIQ) has outperformed the market over the past 15 years by 5.83% on an annualized basis producing an average annual return of 12.39%. Currently, Canadian Solar has a market capitalization of $2.71 billion.

Buying $1000 In CSIQ: If an investor had bought $1000 of CSIQ stock 15 years ago, it would be worth $5,909.94 today based on a price of $42.20 for CSIQ at the time of writing.

Canadian Solar's Performance Over Last 15 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.