If you had put $1000 into Fortinet shares a decade ago, here’s what your investment would be worth now
Fortinet's Decade-Long Market Outperformance
Over the past ten years, Fortinet (NASDAQ: FTNT) has consistently surpassed the broader market, achieving an impressive average annual return of 29.96%. This performance translates to an annualized outperformance of 16.13%. As of now, Fortinet's market value stands at $58.04 billion.
What If You Invested $1,000 in Fortinet a Decade Ago?
Had you invested $1,000 in Fortinet shares ten years ago, your investment would have grown to $13,583.36 today, based on the current share price of $78.05.
Visualizing Fortinet's 10-Year Growth
This example highlights the remarkable impact of compounding returns on long-term wealth accumulation. Staying invested over time can significantly amplify your portfolio's growth.
This content was produced using Benzinga's automated tools and has been reviewed by editorial staff.
About Fortinet Inc (FTNT)
- Stock Symbol: FTNT
- Company Name: Fortinet Inc
- Current Price: $78.05
For more details, visit the Fortinet overview page.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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