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Fortinet stock popped higher on optimism a downturn for its security hardware segment may finally be coming to an end. Throughout the downturn, though, this top cybersecurity leader has actually continued to grow profitably. Is this the end of a three year stretch of lackluster performance for this cyber stock? Don't miss this edition of Chip Stock Investor's explanation of the fast-growing cybersecurity industry.
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Chapters:
00:00 Fortinet's Market Performance and Challenges
00:59 The Growing Importance of Cybersecurity
05:09 Fortinet's Strategic Moves and Financials
06:07 Fortinet's SASE and Market Position
15:50 Recent Acquisitions and Future Outlook
19:45 Conclusion and Final Thoughts
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Nick and Kasey own shares of Fortinet
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