Fortinet: On The Road To Recovery (Rating Upgrade)

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 ...