Published on 8 Apr 2023 on Simply Wall St. via Yahoo Finance

Those who invested in Sumo Logic (NASDAQ:SUMO) a year ago are up 13%

If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Sumo Logic, Inc. (NASDAQ:SUMO) share price is 13% higher than it was a year ago, much better than the market decline of around 11% (not including dividends) in the same period. If it can keep that out-performance up over the long term, investors will do very well! Note that businesses generally develop over the long term, so the returns over the last year might not reflect a long term trend.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

See our latest analysis for Sumo Logic