5 Best Performing S&P 500 Stocks in the Last 5 Years

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1. Enphase Energy, Inc. (NASDAQ:ENPH)

5 Year Share Price Gains: 1,330%

Enphase Energy, Inc. (NASDAQ:ENPH) is an American solar power company that sells hardware used in solar power management. The firm has beaten analyst EPS estimates in all four of its latest quarters, and it is also one of the most undervalued solar power stocks to buy according to hedge funds.

By June 2023 end, 50 out of the 910 hedge funds part of Insider Monkey’s database had bought and owned Enphase Energy, Inc. (NASDAQ:ENPH)’s shares. Philippe Laffont’s Coatue Management is the largest shareholder among these since it owns 612,351 shares that are worth $102 million.

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