Fortinet FTNT has outperformed the market over the past 10 years by 14.85% on an annualized basis.
Buying $100 In FTNT: 10 years ago, an investor could have purchased 3.64 shares of Fortinet at the time with $100. This investment in FTNT would have produced an average annual return of 26.65%. Currently, Fortinet has a market capitalization of $46.50 billion.
Fortinet's Share Price Over Last 10 Years
This $100 investment would be worth $1,052.57 today based on a price of $289.14 for FTNT 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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