The Latest Breaking News from FTNT

Fortinet, the IBD Stock Of The Day, is near a buy point as shares have been consolidating and are close to forming a flat base.

Dow Jones futures tumbled as Credit Suisse plunging, leading a European bank sell-off after the Nasdaq reclaimed key levels Tuesday.

Following Fed Chair Jerome Powell’s testimony on monetary policy last week and February’s job report showing more job creation than expected, the probability of the Fed increasing interest rates have risen. However, given the rosy long-term prospects of the tech industry, fundamentally strong stocks Fortinet (FTNT), Teradata (TDC), and Box…

While the market is currently facing macroeconomic headwinds, the emerging trends in technology and increasing spending should help the software sector stay afloat. Therefore, we think investors shouldn’t hesitate to invest in quality software stocks Fortinet (FTNT), Check Point Software (CHKP), Informatica (INFA), and CSG Systems International (CSGS) this year.…

With the gradual slowdown in rate hikes, the Nasdaq Composite is expected to rebound in 2023. The tech-heavy index could witness substantial gains this year. So, quality Nasdaq stocks, Adobe (ADBE), Fortinet (FTNT), and Cintas (CTAS), could be ideal buys in 2023. Keep reading.

With increasing tech dependency, companies are growing increasingly vulnerable to cyberattacks. Therefore, investors keen to invest in quality software security stocks could keep an eye on Fortinet (FTNT), Check Point Software (CHKP), and OneSpan (OSPN) this year. Continue reading….

A short put combined with a bear call spread gives this trade multiple ways to win.

The software industry is expected to witness solid growth amid the growing market for advance technologies like the cloud and artificial intelligence. However, the Fed’s rate hikes might remain a significant headwind this year. While we think Fortinet (FTNT), Progress Software (PRGS), and YEXT (YEXT) might be worth buying, fundamentally…

Fortinet stock surged after the cybersecurity firm's 2023 revenue and billings guidance for FTNT stock beat expectations.

Thanks to the surging demand for cybersecurity solutions, the cybersecurity industry has been surviving the market turmoil relatively well. Therefore, as companies look to defend themselves against a rapidly evolving threat landscape, it could be worth watching prominent cybersecurity stocks Fortinet (FTNT) and Check Point Software (CHKP) this year. Keep…

The software industry’s growth was hampered significantly last year due to several macroeconomic headwinds. However, the industry is well-positioned to witness significant growth, thanks to rapid digitization across sectors and growing IT spending worldwide. Hence, we think fundamentally sound software stocks Fortinet (FTNT) and Yext (YEXT) could be ideal investments…