AMD stock, General Motors, Expedia, cannabis REIT Innovative Industrial Properties and cybersecurity firm Fortinet are your stocks to watch this week. Advanced Micro Devices, Fortinet and IIPR stock are arguably already in range from early buy points. AMD stock is on IBD Leaderboard and SwingTrader.
In the latest trading session, Fortinet (FTNT) closed at $313.81, marking a +1.2% move from the previous day.
Terrific growth in revenue and earnings at Ambarella (NASDAQ: AMBA) and Fortinet (NASDAQ: FTNT) has translated into outstanding stock market gains. What's more, both companies are growing at a faster pace than the markets they operate in, which makes them ideal bets to tap into the booming demand for internet-enabled cameras and the increasing need for cybersecurity solutions. Let's look at reasons Ambarella and Fortinet could sustain their impressive stock market momentum and keep delivering eye-popping upside to investors.