The Latest Breaking News from Fortinet

Some stocks are setting up as markets take investors on a wild ride. Facebook owner Meta and Fortinet among them.

Monday's global sell-off turned into a stock market rally attempt. Palantir, Eli Lilly and Fortinet were among the earnings winners.

With Fortinet gearing up to release its second-quarter earnings results next month, analysts project a single-digit profit growth.

The software security industry is rapidly expanding, driven by the heavy dependence of organizations on cloud services for operations and growing cybersecurity concerns. Thus, it could be wise to look into quality cybersecurity stocks, Fortinet (FTNT), Check Point Software Technologies (CHKP), and Clear Secure (YOU). Keep reading….

The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.

While Fortinet has lagged behind the Nasdaq Composite, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Firms should consider a platform approach, as that will simplify and consolidate their security architecture.

The increasing reliance on cloud computing services and rising cyber threats have bolstered the cloud security industry. Against this backdrop, investors could consider adding fundamentally strong cloud security stocks such as Fortinet (FTNT), Check Point Software Technologies (CHKP), and Trend Micro (TMICY) to their watchlist. Read on.

The software security industry is rapidly expanding, driven by ongoing technological innovation amid rising cyber threats. Thus, it could be wise to look into quality software security stocks, Fortinet (FTNT), Qualys (QLYS), and Check Point Software Technologies (CHKP) to protect your portfolio in 2024. Keep reading….