Plug Power (NASDAQ:PLUG) has outperformed the market over the past 15 years by 1.14% on an annualized basis producing an average annual return of 7.96%. Currently, Plug Power has a market capitalization of $8.07 billion.
Buying $1000 In PLUG: If an investor had bought $1000 of PLUG stock 15 years ago, it would be worth $3,159.82 today based on a price of $13.84 for PLUG at the time of writing.
Plug Power's Performance Over Last 15 Years
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.