Reported 7 days ago
This article discusses a bullish thesis on Fortinet, Inc. (FTNT) shared on a Value investing subreddit, highlighting the company's resilient business model despite a recent stock price decline of about 37%. Although Fortinet reported solid Q2 results with 14% revenue growth, the stock fell sharply due to management's cautious outlook on hardware upgrades. Nevertheless, the company remains well-positioned in high-growth markets like SecOps and SASE, with significant financial strength and a compelling long-term growth opportunity, suggesting it may be an attractive entry point for long-term investors.
Source: YAHOO