Cybersecurity firm Fortinet rose 20% to record high yesterday after Q1, due to home office tailwind.
- Another stock in the space is Cyberark (CYBR), and is still 40% off the highs.
- Leader in protecting privileged account (admin acc) that holds key to all companies sensitive data, and is the target of most cyber attacks.
- No direct link to home office, but cybercrime has increased drastically since covid
- 2019 was record year, but they gave weak guidance.. which already tempered 2020 expectation (EPS estimated down24%)
- Q1 release is on May 13th..an upside surprise could lead significant re-rating of the stock
- Technically broke out of double bottom, target 120, then 140, stop at 94.90
- Another stock in the space is Cyberark (CYBR), and is still 40% off the highs.
- Leader in protecting privileged account (admin acc) that holds key to all companies sensitive data, and is the target of most cyber attacks.
- No direct link to home office, but cybercrime has increased drastically since covid
- 2019 was record year, but they gave weak guidance.. which already tempered 2020 expectation (EPS estimated down24%)
- Q1 release is on May 13th..an upside surprise could lead significant re-rating of the stock
- Technically broke out of double bottom, target 120, then 140, stop at 94.90
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.