+ Watch FTNT
on My Watchlist
Cyber security is a long term trend
small company primed to be acquired in security industry consolidation
TOS: TOP HS pattern
I am fairly certain they create their own demand... just saying
I've been following the stock and its industry and though it is true that "tech" can be the penultimate dissapointing cylclical, the fact is that to date; not one case of international "cyber-terrorism" think espionage and sabotage of military, industry, intellectual property rights, and financial institutions has yet to date been prosecuted! All of this occurs everyday with no true data as to how many "attacks" are perpetrated on our interests. This is already considered the next "arena" of "aggresion," as it were in which governments and corporations are increasing their yearly expenditures. Thus, though small, Fortinet apparently is the leader in such software defense and quite possibly "offense" as well!
Recent organized hacking attacks on prominent companies and organizations has brought to light the importance of a Unified Threat Management system that Fortinent is at the forefront of.. FTNT may not be the lone (first) mover, but it seems like the top dog to me, if you know what I mean. Corporations small and big are thinking about protecting their systems and they will be looking to an industry leader such as Fortinet to provide the needed security measures. I'm long FTNT.
Cyber security is good in any economy, and FTNT is the best in this group.
Will hit $50 in 6 months
hot sector, prestine balance sheet and possibletake-over target makes FTNT the choice of action!
death of the pc
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