FEYE is the most unique technology in this whole space with a huge moat around it ... if you want, I can splatter you with a bunch of compelling info, but for now I would suggest you look past the compensation and just get on the train before it really leaves the station. I sell FireEye ... I understand the marketplace and see the trajectory ... stock goes north from here at a steady clip ... my largest portfolio position. I own HACK as well from 25 as my core position in Cyber Sec. CYBR scares me ... I rode from 35 or so to the 60's then bailed ... it's a house of cards, but in this crazy market, who knows.
Better late than never I first got FTNT at 22.15 and will hold forever. If you really want to diversify in the cybersecurity sector you can buy the etf HACK, i just bought some of that and will hold that as well.
bronx, investing 101 "diversification", don't invest more than you can afford to loose and never buy on margin. Been doing this for 60 years. Your correct, this sector will continue to grow especially when the Government can't protect our information. It's very likely that these companies will be bought out, so much revenue revisions to come. Along with FTNT I own PANW and CYBR. Average basis in PANW is $85 per share and CYBR is $48, FTNT $22. I'm still not sold on FEYE even with their association with VISA, don't like managment's compensations. I think that each one of these have room to move upward even PAWN at $170. I will add to FTNT and PAWN on pull backs. Good luck.
FTNT is the best of all the cyber security firms. Others make a lot of noise, FTNT makes a lot of money. This will be over $55 by year end.
FTNT has an outstanding management team. They are a pretty cautious group.
They also have superior products.
They are my number one choice in this super hot space.
FTNT stock price will continue to reflect their long term growth strategy.
I will not predict a price. But, FTNT is a long term hold.
I don't understand how you can be disappointed after FTNT making a new 52-week-high. FTNT is having a great momentum.
Sentiment: Strong Buy
Agreed. CSCO rumoured to be in the market for enterprise security play. FTNT makes all the sense in the world.
Sentiment: Strong Buy
I am a beginner when it comes to investing and wanted to diversify my portfolio which was only biotechs ( Holding ARIA and MSTX and now FTNT) Cyber security is, and will continue to be a hot sector. FTNT looks like a great company. I am excited to see where this stock goes. I hope there are some knowable investors here who are along for the ride
The P/E is way out of line, they are spending 60%+ on R&D(16%), Sales/Marketing (40%) and Admin (5%).
Sales are increasing and not much of anything makes it to bottom line they have to get EBITDA Growth soon or down they will go. They even said in the annual report they will spend a higher percent on these items in 2015. I think there could be a pull-back coming soon.
Harry has posted Charts of the Day video on FTNT at TheTechTrader site noting: Fortinet Inc. (FTNT) is yet another stock in the cyber-security group that is acting well. It opened at 38, backed off to 37.23, and closed at 38.08, up 2.45, or 10%, on 9.7 million shares. That’s strong volume, taking it out across the top of the channel. At this point, this stock may extend. Look for it to head up towards the 40-42 zone.