fortinet
Key PointsCybersecurity spending on enterprise information security is projected to grow rapidly, driven by factors such as AI.Fortinet stands out as the cybersecurity stock with the best combination of price and earnings growth.The company’s earnings growth accelerated in recent quarters, ranging from 26% to 79%.The global market for AI-based cybersecurity products is predicted to reach approximately $135 billion by 2030.Bank of America increased its price target on Fortinet after the company’s participation in the Global Technology Conference.5 stocks we like better than FortinetCybersecurit...
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Shares of Palo Alto Networks are up 40% this year already.The company may continue to trend toward fresh highs.Concerns remain around its valuation.5 stocks we like better than FortinetDespite dropping 25% into the new year, shares of Palo Alto Networks Inc (NASDAQ:PANW) turned north about halfway through January and haven’t stopped going since. Shares are now up a full 40% from that low, and after last week’s update, they look to be on track to keep going. Q4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held ...
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