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Benzinga
You’ll Never Guess the Top-Performing Stock of the Last Five Years
The top-performing stock on the S&P 500 over the last five years isn’t Tesla Inc. It’s not a meme stock soaring thanks to an army of Redditors or a semiconductor chip household name like NVIDIA Corp. Instead, it’s a company called Enphase Energy Inc. (NASDAQ: ENPH). Enphase is a developer and supplier of solar power systems that pioneered its own microinverter technology. And over the last five years, Enphase has returned 10,600% — enough to turn every $1,000 invested into $107,000. In case you’
