|Bid||104.46 x 1000|
|Ask||104.53 x 1300|
|Day's Range||103.29 - 105.02|
|52 Week Range||64.41 - 106.00|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||46.42|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||110.72|
Fortinet has formed a three-weeks-tight entry with a 106.10 entry. First possible buy point since clearing a 92.89 buy point in the wake of strong earnings report in early Nov. Nice shakeout last Tuesday.FTNT is IBD 50 Stocks To Watch.
SUNNYVALE, Calif., Dec. 12, 2019 -- Ken Xie, Founder and CEO at Fortinet“The growing number of security tools being deployed by enterprises have introduced operational.
CyberArk's (CYBR) partnership with AWS assists customers to expedite their cloud-driven digital transformation initiatives for protecting themselves against potential threats.
The major stock indexes were mixed amid China tariff news. Netflix was downgraded before the stock market open.
MongoDB's (MDB) third-quarter fiscal 2020 results benefit from solid top-line growth, driven by robust demand for Atlas and strong growth in Enterprise Advanced customers.
Cadence's (CDNS) Innovus Implementation System and Voltus IC Power Integrity Solution aid GUC to deliver advanced multi-billion gate designs.
Many cybersecurity stocks enjoyed a big run this year. But shifts in corporate spending to cloud computing could determine winners in 2020 and beyond.
Cybersecurity leader Fortinet, featured in today's IBD 50 Stocks To Watch, has set up a new buy point after a strong run from a recent breakout.
Microsoft and AMD are trading tightly amid sideways market action, offering new buying opportunities. So do Fortinet, Copart and Jabil.
Okta's (OKTA) third-quarter fiscal 2020 results benefit from new customer additions and growing international momentum driven by increasing adoption of Identity solutions.
Guidewire (GWRE) delivers better-than-expected fiscal first-quarter results on solid adoption of subscription-based offerings. However, declining term license revenues remains a woe.
John Maddison, EVP of products and CMO at Fortinet said, "As one of the highest ranked vendors in enterprise SD-WAN market share worldwide with one of the fastest growing revenue shares, we believe enterprise organizations recognize that Fortinet delivers the best approach to SD-WAN. Based on industry validation, customers can feel confident in knowing that Fortinet Secure SD-WAN, powered by the only purpose-built SD-WAN ASIC in the industry, provides the fastest application steering and best user experience. We believe our position in the 2019 Gartner Magic Quadrant for WAN Edge Infrastructure further highlights Fortinet's leadership in the SD-WAN market."
Robust demand of IBM Maximo on strength in asset optimization and management capabilities is expected to favor the top line in the days ahead.
Wizz Air is the 80th airline company to collaborate with Sabre (SABR), reflecting its position as a preferred technology partner among airlines companies.
Check Point's (CHKP) new capabilities in CloudGuard will help customers' Kubernates configurations comply with container security baselines.