Here's How Much $100 Invested In Fortinet 10 Years Ago Would Be Worth Today

Fortinet FTNT has outperformed the market over the past 10 years by 14.85% on an annualized basis.

Buying $100 In FTNT: 10 years ago, an investor could have purchased 3.64 shares of Fortinet at the time with $100. This investment in FTNT would have produced an average annual return of 26.65%. Currently, Fortinet has a market capitalization of $46.50 billion.

Fortinet's Share Price Over Last 10 Years

This $100 investment would be worth $1,052.57 today based on a price of $289.14 for FTNT at the time of writing.

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.

FTNT Logo
FTNTFortinet Inc
$103.16-0.44%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
92.34
Growth
96.43
Quality
Not Available
Value
7.31
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Comments
Loading...