2U (NASDAQ: TWOU) stock has more than doubled over the past 12 months as the education technology company, which helps colleges and universities provide online degree programs, generated robust growth throughout the pandemic. But is it a worthy long-term investment?

Founded in 2008, 2U enjoyed an early-mover's advantage in its market. After signing its first contract with the University of Southern California in 2009, other major universities such as Georgetown, Syracuse, Northwestern, UC Berkeley, and Yale followed suit.

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Source Fool.com