Fortinet $FTNT+0.2% 🖥️📡
Another company I like at the moment is Fortinet. Their cybersecurity is one of the top in the world. 🚀
The company is headquartered in Sunnyvale, California. With the potential to take advantage of increased spending on cybersecurity, they seem poised for nice growth this year. 🌟
Fortinet
FTNTOf course there is very strong competition in this industry, with the biggest ones being Palo Alto Networks $PANW+0.7%,CrowdStrike $CRWD+1.3%, Cisco $CSCO+0.0% and Check Point $CHKP+0.7%. All of these companies' stocks are growing steadily, so it can be a relatively safe investment as well.
The expected rate cut may be a signal to companies large and small that it's time to beef up their cyber defenses. At a time when the geopolitical situation is not in a pleasant state, it is better to have solid protection against cyber attacks. 💪
This sector is very important, especially nowadays when companies, but unfortunately even medical facilities are facing various cyber attacks from all over the world.
What is your opinion on these players in the cybersecurity industry? Do you have a favourite?
What about the $PANW+0.7% and the drop, isn't that too much? ...I'm wondering if there is something more behind it and possibly take advantage of the drop with the purchase. 🤔
Cybersecurity seems to me to be more and more needed now, and that makes it an interesting sector for me to invest in, even though I don't know much about it technically:D