The Latest Breaking News from FTNT

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…

After being hammered down by the macroeconomic headwinds, the stock market is expected to witness a rebound in 2023. Against this backdrop, we think investors could buy fundamentally strong stocks, PepsiCo (PEP) and Fortinet (FTNT). Read on….

The cyber security industry is gaining traction, thanks to the expanding digital economy. Therefore, it could be wise to buy quality cybersecurity stocks Fortinet (FTNT), Check Point Software Technologies (CHKP), Trend Micro (TMICY), and Radware (RDWR) and hold them for the next decade. Keep reading….

While the Fed’s aggressive rate hikes this year have led to inflation colling in recent months, it is far beyond the Fed’s target rate. Moreover, amid mounting layoffs and recessionary concerns in the economy, it could be wise to invest in fundamentally strong stocks Broadcom (AVGO), Fortinet (FTNT), and Advanced…

Thanks to the growing digital economy, cybersecurity is becoming increasingly important. Cybersecurity company Fortinet (FTNT) is attempting to expand its market presence and might be a dependable buy for 2023. Read on….

Amid the Fed’s persistent monetary policy tightening, tech stocks might remain under pressure. However, the Fed is expected to reduce its rate hike aggression gradually. Given the solid prospects of the industry, investors could consider buying quality software stocks Microsoft (MSFT) and Fortinet (FTNT), which look poised to deliver substantial…

The Fed’s aggressive stance on inflation has weighed heavily on the stock market this year. As large-cap stocks usually can weather challenging economic conditions, sound large-cap stocks Eli Lilly (LLY), Agilent Technologies (A), and Fortinet (FTNT) might be wise additions to your portfolio. Keep reading.