Check Point: This Will Likely Be 'Dead Money' For Some Time

gremlin Check Point (NASDAQ:CHKP) delivers collaborative security across an organization's architecture of the Network, Cloud and Workspace. It has performed slightly under the S&P 500 and Nasdaq 100 YTD. The company reported its Q2 FY24 earnings on July 24th, where revenue grew 7% YoY while operating profit remained flat YoY. While the company is seeing double-digit growth in its Product & Subscription revenues as it wins larger deals with global enterprises along with gaining market share in the public se ...