$1000 Invested In Fortinet 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Fortinet (NASDAQ:FTNT) has significantly outperformed the market, with an average annual return of 30.5%. A $1000 investment in FTNT a decade ago would be worth $14,518.65 today. Fortinet's market capitalization currently stands at $51.42 billion, highlighting the substantial growth and success the company has achieved over this period.

February 22, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Fortinet has demonstrated remarkable growth over the past decade, with a $1000 investment growing to $14,518.65, reflecting an annual return of 30.5%.
The substantial growth in the value of Fortinet's stock over the past decade, as highlighted by the increase in investment value from $1000 to $14,518.65, indicates a strong performance and positive outlook for the company. This performance is significantly higher than the market average, suggesting that Fortinet has successfully capitalized on its market opportunities and managed its operations efficiently. The high annual return rate of 30.5% further underscores the company's success in delivering value to its investors, making it a potentially attractive option for those looking to invest in the technology sector.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100