Fortinet’s (FTNT) Cybersecurity Hardware Sales are Still Weak; Stock is Strong
Fortinet (FTNT) is seeing a slowdown in Product sales (-10%) while Service sales are doing well (+25%) as the stock flies higher.
Fortinet (FTNT) is seeing a slowdown in Product sales (-10%) while Service sales are doing well (+25%) as the stock flies higher.
CLoudflare (NET) closed out 2023 with robust momentum as is landed a slew of large customers, including government deals.
Meta (META) shares just broke through $500 as profit estimates continue to climb. With a P/E of just 25, this stock could push to $600.
Stocks have been red hot lately, and some are already at their 2024 Fair Vales. These 5 stocks might have hit their near-term limits.
Waste Management (WM) just delivered a blowout quarteer with profits up 34%. The stock soared on the news as 2024 looks good.
Old Dominion (ODFL) is delivering lackluster results in a soft economy. But the stock is telling me better times might be ahead.
Amazon (AMZN) shows its past the sluggish growth of 2023 as it delivered accelerated revenue growth in every division last qtr.
Fiserv (FI) delivered a solid quarter with 15% profit growht as POS system Clover and money transfer app Zelle lead the way.
AMD (AMD) is seeing strong demand for its new AI infrastructure from big enterprises including Meta, Amazon and Microsoft.
Tractor Supply (TSCO) seems to be in a slow-growth period. In addition, the stock doesn’t seem to have much upside at these levels.
McDonald’s (MCD) has a new concept called CosMc’s that just launched. CosMc’s specializes in cold drinks, like slushes and teas.
Alphabet (GOOGL) is implimenting AI into al its products. And this looks to be paying dividends in Search, Cloud and YouTube Ads.