Here is how Fortinet (FTNT) and Innovid Corp. (CTV) have performed compared to their sector so far this year.
The Zacks Internet-Software Industry is currently in the top 14% of nearly 250 Zacks industries, with several stocks starting to stand out in terms of growth and momentum.
On November 7, Fortinet reported third-quarter revenue of $1.51 billion, up 13%, topping the consensus estimate of $1.48 billion. Product revenue was up 1.7% to $473.9 million.
Fortinet, Inc. (NASDAQ:FTNT ) Needham Security, Networking, & Communications Conference November 19, 2024 9:30 AM ET Company Participants Keith Jensen - CFO John Whittle - COO Christiane Ohlgart - Chi
At least a dozen Wall Street analysts hiked their price targets on Fortinet stock in the wake of the cybersecurity firm's investor day, where it provided new financial targets. The post Fortinet Lays

Fortinet Stock Analysis: Buy, Sell, or Hold?

05:15am, Tuesday, 19'th Nov 2024
Fortinet Stock Analysis: Buy, Sell, or Hold?
Cybersecurity is a big business and is getting bigger every day. Attacks are growing at an alarming double-digit pace and will accelerate in 2024.
Investors have seen this cybersecurity stock deliver outstanding earnings growth in recent quarters.
Newly acquired 10-story building will be transformed into newest Innovation Hub from Fortinet, including FortiCloud Point of Presence, Executive Briefing Center, Training Facility, and Support Center
Does Fortinet (FTNT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Fortinet's stock dipped post-earnings due to reduced guidance but rebounded as it beat revenue and EPS consensus, showing resilience and investor confidence. I maintain a buy rating on FTNT, driven by
Fortinet (FTNT) possesses solid growth attributes, which could help it handily outperform the market.
FTNT's record margins, 13% revenue growth and AI innovation make it a compelling buy. Solid SASE momentum & expanding security portfolio position it for sustained growth.

Best Momentum Stocks to Buy for November 13th

11:15am, Wednesday, 13'th Nov 2024
TOST, FTNT and PAYO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 13, 2024.
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