$1000 Invested In Plug Power 10 Years Ago Would Be Worth This Much

Plug Power NASDAQ:PLUG has outperformed the market over the past 10 years by 18.85% on an annualized basis producing an average annual return of 30.37%. Currently, Plug Power has a market capitalization of $9.67 billion.

Buying $1000 In PLUG: If an investor had bought $1000 of PLUG stock 10 years ago, it would be worth $14,177.97 today based on a price of $16.72 for PLUG at the time of writing.

Plug Power's Performance Over Last 10 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.