Here's How Much $100 Invested In Cloudflare 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Cloudflare (NYSE:NET) has significantly outperformed the market over the past 5 years, with an annualized return of 41.76%. A $100 investment in Cloudflare 5 years ago would now be worth $561.45, highlighting the power of compounded returns.
October 25, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cloudflare has outperformed the market with a 41.76% annualized return over 5 years. A $100 investment would now be worth $561.45, indicating strong growth and the impact of compounded returns.
The article highlights Cloudflare's strong performance over the past 5 years, significantly outperforming the market. This positive historical performance is likely to boost investor confidence and could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100