Fortinet (FTNT) closed at $78.74 in the latest trading session, marking a -0.79% move from the prior day. This change lagged the S&P 500's 0.33% loss on the day. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw a decrease of 0.56%. The network security company's shares have seen an increase of 3.77% over the last month, surpassing the Computer and Technology sector's gain of 2.83% and the S&P 500's gain of 1.83%. Investors will be eagerly watching for the performance o ...

Fortinet (FTNT) ended the recent trading session at $80.76, demonstrating a +0.52% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.27%. On the other hand, the Dow registered a gain of 0.65%, and the technology-centric Nasdaq increased by 0.26%.The the stock of network security company has risen by 3.73% in the past month, leading the Computer and Technology sector's gain of 2.21% and the S&P 500's gain of 2%.The investment community will be closely monitoring t ...

Fortinet (FTNT) has emerged as a standout performer in the cybersecurity sector, with its stock surging an impressive 45% in the past three months. This remarkable performance has caught the attention of investors and analysts alike, prompting questions about the sustainability of this growth and whether the ongoing cybersecurity boom can propel the stock even higher. Here are three compelling reasons why Fortinet remains an attractive investment opportunity.3-Month PerformanceImage Source: Zacks Investment ...

SUNNYVALE, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet “As threat actors harness new technologies like AI to augment the sophistication of their attacks, it’s increasingly crucial that employees serve as a robust first line of defense. Fortinet’s new research underscores the importance of creating a culture of cybersecurity and the need to deploy organization-wide security awareness and training. These findings reinforce the importance of our award-winning S ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Optimism around artificial intelligence has helped lift the S&P 500 in 2024, boosting key chip stocks and power plays in the utilities space.Investors seeking sustainable returns will need to look for companies with solid long-term growth potential.To this end, top Wall Street analysts, with their expertise, can help investors understand the key drivers that could support a company's long-term growth and pick stocks that are likely to deliver lucrative returns.  Here are three stocks favored by the Street's ...

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SUNNYVALE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at Fortinet “As the 2024 U.S. presidential election approaches, it’s critical to recognize and understand the cyberthreats that may impact the integrity and trustworthiness of the election process and the welfare of the participating citizens. Cyber adversaries, including state-sponsored actors and hacktivist groups, are increasingly active leading up to major events like electio ...

It's been a year since I published an article on Fortinet (NASDAQ: FTNT ), which I highly recommend reading before continuing with this one so you can fully understand my investment thesis on the company. In thatI am an investor who relies on the fundamental aspects of companies. I enjoy being the owner of the world's best businesses with strong long-term projections. To achieve this, I conduct thorough research on the companies I invest in, placing significant importance on the sector, competitive advantag ...

Fortinet's (NASDAQ: FTNT ) share price rebounded to near all-time highs after its Q2 earnings. While the results weren't particularly strong, hardware demand headwinds appear to be easing, putting Fortinet on track to return to steady growth and improving margins.Richard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved b ...