$100 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 annualized return of 30.98%, turning a $100 investment into $1,530.87. The company now boasts a market capitalization of $51.53 billion.
March 26, 2024 | 8:30 pm
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Fortinet has delivered an impressive annualized return of 30.98% over the past decade, significantly outperforming the market and turning a $100 investment into $1,530.87.
The substantial growth in Fortinet's stock price over the past decade, as highlighted by the significant return on investment, indicates a strong performance and positive investor sentiment. This historical performance, coupled with the company's current market capitalization, suggests a positive outlook for the short term, assuming the company continues to perform well.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100