Here's How Much You Would Have Made Owning Plug Power Stock In The Last 15 Years

Plug Power (NASDAQ:PLUG) has outperformed the market over the past 15 years by 7.56% on an annualized basis.

Buying $1,000 In PLUG: 15 years ago, an investor could have purchased 335.57 shares of Plug Power at the time with $1,000. This investment in PLUG would have produced an average annual return of 15.35%. Currently, Plug Power has a market capitalization of $14.43 billion.

Plug Power's Share Price Over Last 15 Years

This $1,000 investment would be worth $8,401.01 today based on a price of $25.04 for PLUG at the time of writing.

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.