First Solar (NASDAQ:FSLR) has outperformed the market over the past 5 years by 12.96% on an annualized basis producing an average annual return of 25.96%. Currently, First Solar has a market capitalization of $22.54 billion.
Buying $1000 In FSLR: If an investor had bought $1000 of FSLR stock 5 years ago, it would be worth $3,161.74 today based on a price of $210.54 for FSLR at the time of writing.
First Solar's Performance Over Last 5 Years
![1721320222_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240719/45185915-0-08924a71c08dc6aaeb94439e5c8a1906.png/big)
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.