Fortinet: Smooth Execution Of The Business
Fortinet(FTNT) Seeking Alpha·2024-08-09 20:01
da-kuk It's been 8 months since the last time I wrote about Fortinet, Inc. (NASDAQ:FTNT). Since then, the company has had a very volatile 2024. It was up +25% in March but dropped to -5% a week ago. After the Q2 earnings release, which we will discuss in detail, Fortinet's shares have surged to more reasonable prices given the quality of the business. In January, I rated the stock as a buy, and thanks to the recent rise, we have a 19.87% return compared to the S&P 500's 10.69% and the 5.36% of the security ...