Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 17.61% on an annualized basis producing an average annual return of 28.59%. Currently, Fortinet has a market capitalization of $45.96 billion.
Buying $1000 In FTNT: If an investor had bought $1000 of FTNT stock 10 years ago, it would be worth $12,550.08 today based on a price of $60.16 for FTNT at the time of writing.
Fortinet's Performance Over Last 10 Years
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.