Fortinet, Inc. (FTNT)
Fortinet, Inc. (FTNT) is a cybersecurity company that provides broad, integrated, and high-performance security solutions to protect networks, data, and users. Founded in 2000, it is known for its network security appliances and software, including firewalls, antivirus, intrusion prevention, and secure access solutions. Fortinet serves a wide range of industries, including government, service providers, and enterprise organizations.
Company News
The article highlights three growth stocks with strong potential: DraftKings, Fortinet, and Tencent. Each company demonstrates robust revenue growth, expanding profit margins, and attractive valuations, making them promising investment opportunities even with a small initial investment.
Rosen Law Firm is investigating potential securities claims against Fortinet related to allegedly misleading statements about a FortiGate unit upgrade cycle, with claims that the company misrepresented the revenue potential and scale of the refresh.
The article analyzes three top cybersecurity stocks - CrowdStrike, Palo Alto Networks, and Fortinet - highlighting their potential for growth in the evolving AI and cloud security landscape, with CrowdStrike emerging as the most promising investment.
Goldman Sachs predicts potential stock gains when interest rates fall, highlighting companies with high floating rate debt that could benefit from lower borrowing costs, with an optimistic S&P 500 target of 7,200.
Fortinet has been selected by KDDI to provide its Unified SASE solution as the core product for KDDI's new Global SASE Platform Service. This partnership will help KDDI offer various cloud and Internet services to secure applications, networks, and users globally.
