FireEye Inc: Why FEYE Stock Is on Fire Right Now

FireEye Stock Is Only Moments Away from a Bullish Breakout

FEYE Stock: Waiting for a Trigger

FireEye Inc: Why FEYE Stock Is on Fire Right Now

FireEye Stock I am getting excited about the prospects of FireEye Inc (NASDAQ:FEYE) stock because I have the inclination to believe that the investment is setting up to stage a bullish advance. This view is a drastic change to what FEYE stock investors have been used to because a bear market has ravaged the share price in recent years. This bullish view on FireEye stock is a result of a number of indications on the company’s stock chart that are now suggesting that a bull market is in development.

I outlined many of these indicators on June 20 of this year, in a publication titled “FireEye Stock Is All Set to Build Upon This Year’s Gains.” These indicators that I focused on remain in bullish alignment, which continues to suggest that an advance is set to take place. I am updating that publication because new indications were generated, reinforcing this bullish view. These new indications are adding fuel to the bullish fire by suggesting that this move to the upside is possibly only moments away from initiating.

In September 2015, a bearish indication was generated when the 50-day moving average crossed below the 200-day moving average. This crossing of the moving averages is called a “death cross” and it is highlighted on the stock chart. This bearish indication suggests that a bear market was in development, and therefore lower stock prices were expected to follow. FEYE stock proceeded to drop from a price of $32.00 to a low of $10.35, losing 67.97% before the stock price was finally able to find its footing. This example reinforces the notion that that a death cross should never be ignored.



FireEye Stock

 

In May of this year, a golden cross was generated when the 50-day moving average crossed above the 200-day moving averages. This indication put the bearish implications suggested by the death cross to bed, and it is now suggesting that a new bull market is in development. As a result, higher stock prices are now expected to follow.

The following FireEye stock chart illustrates the trigger that will suggest another stock price advance is underway.

FireEye price chart

Chart courtesy of StockCharts.com

This FEYE stock chart is highlighted to specifically pinpoint the alternating wave structure that is essential in creating a bullish trend. These alternating waves consist of impulse waves, which are highlighted in green, and consolidation waves, which are highlighted in purple.

Impulse waves define the stage in a bullish trend where a stock stages a price advance. Consolidation waves define the stage in a bullish trend where overbought conditions are alleviated as the stock price corrects. The unwinding of an overbought condition creates the necessary environment so a new impulse wave can develop. This results in a wave structure where the waves feed off each other, creating a sustainable and orderly trend.

 

Like up on FACEBOOK




Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )

Paypal Holdings Inc: PYPL Stock Is Tarnished But Not Broken

PayPal Stock: Shares on Verge of Huge Breakout

PayPal Is Best of Breed with Digital Payments

FOREX INVESTORS BUZ

Paypal Holdings Inc: PYPL Stock Is Tarnished But Not Broken

PayPal Stock The global payment segment has been rapidly expanding over the past few decades, driven by the superlative growth in e-commerce worldwide. The demand for digital payment solutions for companies and consumers will only expand. The best of breed in the digital transaction space is PayPal Holdings Inc (NASDAQ:PYPL), which I’m pretty confident many of you have used to transact funds.

PayPal was the first to firmly establish a foothold in the digital payment space. In the process, it has grown its global user base to around 203 million active accounts in more than 200 markets and 100 currencies.

Fundamentals Support the Bullish Story for PayPal Stock

Revenues have increased in each of the past two years from $8.02 billion in 2014 to $9.24 billion in 2015 and $10.84 billion in 2016.

The revenue growth rate jumped to 17.2% in 2016 from 15.21% in 2015. Revenues are set to expand another 17.3% to $12.72 billion in 2017, followed by a 17.4% increase to $14.93 billion in 2018. (Source: “PayPal Holdings, Inc. (PYPL),” Yahoo! Finance, last accessed July 21, 2017)



PayPal Stock

For such a big company like PayPal, the growth rate is impressive. Better yet, there is a high estimate of $16.49 billion in revenues for 2018.

Technicals Suggest Opportunities

PayPal stock staged a multi-year breakout at around $44.00 in April 2017 that was accompanied by a bullish upside trading gap.

The breakout in PYPL stock was associated with an upward-sloping 50-day and 200-day moving average holding in a bullish golden cross formation.

Like up on FACEBOOK




Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )Like up on FACEBOOK




Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )



Canadian Solar Stock  I have the inclination to believe that the solar stocks are starting to heat up, and this is why I am focusing on Canadian Solar Inc

Canadian Solar Stock on the Cusp of a Breakout

CSIQ Stock: Indications Support Higher Prices

Canadian Solar Stock  I have the inclination to believe that the solar stocks are starting to heat up, and this is why I am focusing on Canadian Solar Inc

BUZ INVETORS Canadian Solar Stock  I have the inclination to believe that the solar stocks are starting to heat up, and this is why I am focusing on Canadian Solar Inc. (NASDAQ:CSIQ) stock because there are indications on the CSIQ stock chart that are suggesting that it is attempting to put in a bottom and stage a rally. The same can be said of Canadian Solar stock’s peers, which is suggesting that this move towards higher stock prices is a sector-wide phenomenon.

Finding bottoming patterns in this stage of the equity bull market is not an easy task, but one thing is for certain: The best time to acquire an investment is when it is transitioning from a bear market into a bull market. Canadian Solar stock is currently painting a trend reversal pattern on its stock chart, suggesting that such a transition is about to take place.

The following Canadian Solar stock chart illustrates the same chart but with an indicator that supports the notion of a break above the neckline.




Canadian Solar Stock

CSIQ price chart

 

This CSIQ stock chart is focusing on the golden cross that was generated in June 2017. A golden cross is a bullish signal that is used by the investment community to indicate that a bull market is in development. This signal is generated when the blue 50-day moving average crosses above the red 200-day moving average. This signal captures the point in time where the shorter-term trend begins to accelerate versus the long-term trend.

The following stock chart illustrates this other influential indicator that is suggesting that Canadian Solar stock is now set to appreciate.

canadian solar price chart

 

This CSIQ stock chart illustrates a very influential indicator known as the moving average convergence/divergence indicator, simply known as “MACD.”

MACD is a simple indicator that is used to distinguish whether the dominating driving force behind a stock is bullish or bearish momentum. The stock chart clearly shows that this indicator is worth paying attention to.

In July 2012, a bullish cross was generated, indicating that the stock was set to appreciate because it was geared higher by bullish momentum. This investment appreciated to the tune of 837.84% before a bearish cross indicated that the advancement in price was complete and a correction was set to ensue. This bearish MACD cross was in effect for a little over two years, where Canadian Solar lost 35.55% value over that time.

Like up on FACEBOOK


logo

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




 Cryptocurrency Gaming Network  The Breakout Gaming Group has secured their own Curacao license after successfully meeting all the Curacao eGaming requirements. This license will cover the Group’s currently operating BreakoutGaming.com

Cryptocurrency Gaming Network, Breakout Gaming Group Secures Curacao Gaming License

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

 BreakoutGaming.com to be covered by a new CEG-issued license, providing increased player responsiveness and security.

 Cryptocurrency Gaming Network  The Breakout Gaming Group has secured their own Curacao license after successfully meeting all the Curacao eGaming requirements. This license will cover the Group’s currently operating BreakoutGaming.com

BUZ INVESTORS  PRESS RELEASE  Cryptocurrency Gaming Network  The Breakout Gaming Group has secured their own Curacao license after successfully meeting all the Curacao eGaming requirements. This license will cover the Group’s currently operating BreakoutGaming.com website and is also expected to provide licensing for the soon to launch Breakout Lottos gaming entertainment site.

BreakoutGaming.com, launched in November 2016, offers a full sportsbook, as well as both RNG and Live Dealer casino games, poker, virtual and fantasy sports, skill games and financial betting. The site supports all popular deposit methods, which will shortly include both Bitcoin and the Breakout Coin (BRK), which trades publicly on Bittrex.com

The Chief Gaming Officer at Breakout Gaming Group Gian Perroni said,

“We’re pleased to have been awarded this new license. It now allows us to increase the ease of processing for our members, including the addition of these popular cryptocurrencies.”

Breakout has seen the value of their BRK increase over 600% in recent days, and confidence that the Coin will be available for direct deposit and withdrawal within the Group is expected to increase further and stabilize its’ value in the market.

Perroni added,

“Breakout will be one of the only licensed and regulated operators that accept multiple cryptocurrencies, and will soon be able to offer BRK denominated poker and casino games, supporting the exploding altcoin market.”





 

 

Cryptocurrency Gaming Network 

Located in San Jose, Costa Rica, the Breakout Gaming Group operates entertainment sites for gamers and gamblers through a network of sites.

In addition to its gaming sites, the Breakout Gaming Group has an attractive, full-service affiliate program at BreakoutAffiliates.com, servicing both gaming and crypto affiliates.

About the Breakout Gaming Group

Breakout Gaming has created a suite of entertainment platforms for both gamers and gamblers, including a full selection of the most advanced gaming products online. Working with both standard fiat currencies and cryptocurrencies, including the Breakout Coin (BRK), the Group offers a full online gaming platform featuring sports, casino, poker and skill games wagering, a digital download PC/Mac game store, a dedicated eSports PvP competition site, and a free play poker site open in all markets.

BreakoutGaming.com is operated by Breakout Group B.V. (Curacao) and operates under Curacao eGaming License No. 1668/JAZ. The Breakout Gaming Group is owned by Breakout Playa Limitada, Costa Rica.

Learn more about the Breakout Affiliate program at – http://breakoutaffiliates.com

 

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView

Like up on FACEBOOK


logo




BUZ INVESTORS Tech Stock President Donald Trump is all about bringing back jobs to America. In the technology space, which employs a high degree of outsourcing, there are concerns because Trump will radically change

This Tech Stock on the Verge of Breakout

|Chart | Calendar   | TRADE NOW | FORCAST | STOCKS

IT Services Firm Infosys Aims to Please Trump

BUZ INVESTORS  Tech Stock  President Donald Trump is all about bringing back jobs to America. In the technology space, which employs a high degree of outsourcing, there are concerns because Trump will radically change the widely used H1B Visa program. A large-cap outsourcing company in the midst of this battle is Infosys Ltd ADR (NYSE:(INFY), which is struggling to find ground on the widespread changes that could happen.

Infosys is a major provider of consulting and technology services to companies in North America, Europe, India, and other regions. The company is also a major outsourcer of technology jobs to the U.S., which accounts for over 50% of its revenues.

The olive branch put forth by Infosys may or may not be enough to make Trump look the other way, but it’s a good start given how much the President likes the optics of creating jobs.

The monthly chart of INFY stock shows the indecisive trading. Infosys staged a strong rally from $5.00 in 2009 when the current bull market took form, and it traded as high as $18.00 at the start of 2011.



 Tech Stock

 

INFY stock chart

 

Infosys then drifted lower to the $9.00 level in mid-2012 prior to a second up wave to $19.00, breaking above its previous high.

Unfortunately, INFY stock failed to hold again and drifted back to the $14.00 level prior to a small rally to the current $15.28.

The weekly chart shows a slight upside trade gap with INFY stock holding the 50-day moving average with a clear eye towards another attempt at testing $19.00. A breakout could establish a new range at above $20.00, but much will depend on what Trump does.

INFY price chart

 

INFY Stock Looking to Retest Record High

Flipping over to the fundamentals, they support a higher price for Infosys stock.

Revenues have increased sequentially in two straight years, from $8.5 billion in 2014 to $8.71 billion in 2015 and $9.50 billion in 2016.

The growth is slated to continue at 7.60% and 7.80% to $10.98 billion and $11.84 billion, respectively for 2017 and 2018. (Source: “Infosys Limited (INFY),” Yahoo! Finance, last accessed May 12, 2017.)

There are high estimates calling for $11.27 billion and $12.46 billion for 2018 and 2019, respectively.

Infosys stock is highly profitable with a positive earnings trend and predictions for continued growth over the next two years.

Business Description

Industry: Application Software » Information Technology Services    NAICS: 541511    SIC: 7371
Compare: NAS:(CTSH), OTCPK:(HTHIF), OTCPK:(AMADF), NYSE:(DXC), NYSE:(WIT), OTCPK:(CGEMY), OTCPK:(AEXAY), NYSE:(GIB), OTCPK:(NTDTY), OTCPK:(FJTSF), NYSE:(IT), NAS:(CDW), OTCPK:(NRILY), OTCPK:(TSYHF), NYSE:(LDOS), NYSE:(XRX), NAS:(SABR), OTCPK:(CMSQF), NYSE:(NCR), NYSE:(CSRA) » details
Traded in other countries: INFY.Argentina, INFY.France, IOY.Germany, 500209.India, 0QSW.UK,
Headquarter Location: India

Infosys Ltd provides end-to-end business solutions, including consulting, design, development, software re-engineering, maintenance, systems integration, package evaluation and implementation and infrastructure management services.

Infosys is a global provider of consulting and IT services. The company was founded in 1981, employs more than 199,000 staff, and serves clients in over 50 countries. Infosys provides a raft of services such as management consulting, application and infrastructure management, application outsourcing, and business process outsourcing, to name a few. The firm serves more than 20 industries ranging from aerospace and defense to financial services, health care, and the public sector.

Like up on FACEBOOK


logo

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




BUZ INVESTORS Textron Stock Breakout There are rumors swirling that Lockheed Martin Corporation (NYSE:(LMT) is interested in buying Textron Inc. (NYSE:TXT). As of yet, this rumor is unconfirmed

Textron Stock Breakout Sparked by Buyout Rumors

|Chart | Calendar   | TRADE NOW |Textron

TXT Stock: Breakout

 

BUZ INVESTORS  Textron Stock Breakout There are rumors swirling that Lockheed Martin Corporation (NYSE:(LMT) is interested in buying Textron Inc. (NYSE:TXT). As of yet, this rumor is unconfirmed because a spokesperson for Lockheed Martin failed to comment on it. Regardless, this unconfirmed rumor caused Textron stock to leap higher by 3.6%. This surge in price has done a number on the TXT stock chart, which is now suggesting that a higher stock price is a reasonable assumption. This assumption is predicated on the surge in price that occurred on May 11 holding up.

Before I delve further into my analysis, it is worth noting that my views on TXT stock are based on the price action and indications that are captured on its stock chart. This method of investment analysis is known as technical analysis. This method is based on the notion that historical data points can be used to predict future movements in price. At first glance, this may sound ludicrous, but I have found great value in this method of analysis. Perhaps my followers can also attest to the value it provides.



 Textron Stock Breakout

The surge in price has changed the dynamics of the Textron stock chart, and the following price chart illustrates the developments that resulted from the unconfirmed buyout rumors.

textron stock chart

 

This price chart illustrates that a technical price pattern was just completed via a breakout. This breakout occurred as the stock prices exited the price pattern in an upwards direction, suggesting that bullish implications are likely to follow.

This assumption is based on the wave structure that is currently in development. This wave structure is developing above the 200-day moving average. This moving average is popular among the trend-following community because the slope of this moving average is used to distinguish the direction of the predominant trend. It also serves as a dividing line between stocks trading in a bull market and stocks trading in a bear market.

The bullish backdrop I am referring to is illustrated on the following Textron stock chart.

TXT stock chart

 

The bullish backdrop in Textron shares slowly began to develop after the financial crisis concluded in the spring of 2009. This bullish backdrop is a price trend of higher highs and higher lows, which is effectively captured using an ascending channel.

An ascending channel is technical price pattern that contains two upward-sloping trend lines. These trend lines are created by connecting the peaks and the troughs, and the trend lines serve to represent support and resistance. TXT stock has been oscillating between these levels of support and resistance for the past eight years, and I do not see anything on the price chart that would suggest that this price action is set to end anytime soon. I find it safe to assume that as long as the share price is confined within these two trend lines, the trend towards higher prices remains intact and is set to continue.

Business Description

Industry: Aerospace & Defense » Aerospace & Defense    NAICS: 336411    SIC: 3721
Compare: NYSE:(LLL), NYSE:(TDG), OTCPK:(FINMY), NYSE:(COL), NYSE:(HII), OTCPK:(SGGKY), OTCPK:(MTUAY), OTCPK:(ZODFY), NAS:(BEAV), NYSE:(SPR), NYSE:(HEI.A), NYSE:(OA), OTCPK:(RYCEF), NAS:(ESLT), NYSE:(BWXT), OTCPK:(MEGGY), OTCPK:(CBHMY), NYSE:(HXL), NYSE:(CAE), NAS:(WWD) » details
Traded in other countries: TXT.Germany, TXT.Mexico,
Headquarter Location: USA

Textron Inc is a multi-industry company. It is engaged in aircraft, defense, industrial and finance businesses to provide its customers products and services. Its business segments include Cessna, Bell, Textron Systems, Industrial and Finance.

Textron is a $14 billion diversified corporation with business operations serving aerospace, defense, and industrial markets. The best-known brands under Textron’s corporate umbrella include Cessna (business jets) and Bell (helicopters). Although Textron continues to diversify its portfolio of operating businesses, aerospace and defense still drives about 75% of sales. The company employs 35,000 people.

Like up on FACEBOOK


logo

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




USDCAD Trump Shock Pushes Canadian Dollar Down

USDCAD Bullish breakout

Chart | Calendar   | TRADE NOW | USDCAD

USDCAD Bullish breakout

The pair is trading at 1.3717 at 09:40 GMT this morning, with the USD trading 0.07% higher against CAD from the New York close.

USDCAD

BUZ INVESTORS   Bullish breakout The pair is trading at 1.3717 at 09:40 GMT this morning, with the USD trading 0.07% higher against CAD from the New York close. The pair traded at a high of 1.3740 and a low of 1.3700 this morning. The US Dollar advanced against the Canadian Dollar in the New York session yesterday, closing slightly higher at 1.3708. The pair is expected to its find support at 1.3657 and its first resistance at 1.3767.

USD/CAD has broken resistance level at 1.3700. The pair keeps on pushing higher. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show continued bullish pressures as long as the pair remains above 1.3411.

In the longer term, there is a golden cross with the 50 dma crossing the 200 dma indicating further upside pressures. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low).




Bullish breakout

>>>TRADE NOW<<<

Canadian Dollar | Data | Chart | Calendar | Forecast | News

The USDCAD increased 0.0010 or 0.07% to 1.3717 on Wednesday May 3 from 1.3707 in the previous trading session. Historically, the Canadian Dollar reached an all time high of 1.61 in January of 2002 and a record low of 0.92 in November of 2007.

The USDCAD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CAD. While the USDCAD spot exchange rate is quoted and exchanged in the same day, the USDCAD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Canadian Dollar – actual values, historical data, forecast, chart, statistics, economic calendar and news. Canadian Dollar – actual data, historical chart and calendar of releases – was last updated on May of 2017.
Canada Markets Last Previous Highest Lowest Unit
Currency 1.37 1.37 1.61 0.92 [+]
Stock Market 15619.65 15575.63 15922.37 217.50 points [+]
Government Bond 10Y 1.52 1.51 12.44 0.95 percent [+]

Like up on FACEBOOK


Ebates Coupons and Cash Back



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)




USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Completes Wave-4 and Prepares for Wave-5 Breakout

Chart | Calendar   | TRADE NOW | USDJPY

USDJPY Completes Wave-4 and Prepares for Wave-5 Breakout

BUZ INVESTORS USDJPY Completes Wave-4 This morning, at 09:40 GMT, the US Dollar is trading at 111.78 against the Yen, 0.3% higher from the New York close

USDJPY

BUZ INVESTORS  USDJPY Completes Wave-4  This morning, at 09:40 GMT, the US Dollar is trading at 111.78 against the Yen, 0.3% higher from the New York close. Overnight data indicated that Japan’s final Nikkei manufacturing PMI advanced slightly less than initially estimated in April. During the session, the pair traded at a high of 111.91 and a low of 111.21. On Friday, the US Dollar traded 0.11% lower against the Yen in the New York session and ended at 111.45. The pair is expected to its find support at 111.36 and its first resistance at 112.06.



USDJPY Completes Wave-4

>>>TRADE NOW<<<

Japanese Yen| Data | Chart | Calendar | Forecast | News

The USDJPY increased 0.2100 or 0.19% to 111.4800 on Monday May 1 from 111.2700 in the previous trading session. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011.

The USD/JPY is building a potential wave 4 (brown) correction which is moving sideways and staying above the 23.6% Fibonacci retracement level. A bullish break could see a continuation of a bullish 5th wave

The USD/JPY is building a contracting triangle (red/green) chart pattern. A break below the support trend line (green) could see a larger retracement unfold towards the Fib levels of wave 4 (brown) whereas a break above resistance (red) could see a bullish breakout develop within wave 5.

READ MORE

The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Japanese Yen – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japanese Yen – actual data, historical chart and calendar of releases – was last updated on May of 2017.
Japan Markets Last Previous Highest Lowest Unit
Currency 111.48 111.24 306.84 75.74 [+]
Stock Market 19310.52 19196.74 38915.87 85.25 points [+]
Government Bond 10Y 0.01 0.02 7.59 -0.29 percent [+]
30 Year Bond Yield 0.78 0.80 3.13 0.04 percent [+]
2 Year Note Yield -0.18 -0.19 0.25 -0.36 percent [+]
5 Year Note Yield -0.16 -0.14 8.58 -0.37 percent [+]

Like up on FACEBOOK


Ebates Coupons and Cash Back



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)




USDJPY Weekly outlook for may 1-5

Chart | Calendar   | TRADE NOW | USDJPY USDJPY Weekly outlook for may 1-5 BUZ INVESTORS USDJPY WEEKLY OUTLOOK  USDJPY Recent Moves  The yen reversed directions last week and posted slight losses.

USDJPY Yen Remaining Under Pressure

USDJPY Yen Remaining Under Pressure USDJPY BUZ INVESTORS  Yen Remaining Under Pressure This morning, at 09:40 GMT, the US Dollar is trading at 111.45 against the Yen, 0.19% higher from the New York close.

USDJPY Yen Flat as BoJ Shows Cautious Optimism

USDJPY Yen Flat as BoJ Shows Cautious Optimism USDJPY BUZ INVESTORS  USDJPY Yen Flat This morning, at 09:40 GMT, the US Dollar is trading at 111.29 against the Yen, 0.17% higher from the New York close.

BUZ INVESTORS Fortinet Stock The world’s computers and networks are constantly under attack from hackers and foreign governments. The alarming rate of the cyberattacks have experts predicting

Fortinet Stock on Verge of Major Breakout

Fortinet Stock to Ride Uptick in Cyberattacks

BUZ INVESTORS Fortinet Stock The world’s computers and networks are constantly under attack from hackers and foreign governments. The alarming rate of the cyberattacks have experts predicting

BUZ INVESTORS Fortinet Stock The world’s computers and networks are constantly under attack from hackers and foreign governments. The alarming rate of the cyberattacks have experts predicting the demand for cybersecurity solutions to significantly ramp up, driving up the prospects for cybersecurity stocks like Fortinet Inc (NASDAQ:FTNT).

Just think about all of the alleged hacking from Russia that took place during the elections and the constant barrage of cyberattacks on businesses and governments around the world.



OTHER STORIES BUZ TRADERS FOLLOW

Fortinet Stock

Whether it is stealing intellectual capital from technology companies, classified information from governments, or customer data from major retailers, the threat is real and will only worsen as the world networks link up.

These are excellent metrics, but the growth rate is slated to decline to 16.10% and 14.70%, respectively for 2017 and 2018. (Source: “Fortinet, Inc. (FTNT),” Yahoo! Finance, last accessed March 30, 2017.)

I don’t view this as a major concern at this time, given the estimates could be on the conservative side, especially if the cybersecurity spending ramps significantly higher as many pundits expect.

As far as the earnings side, Fortinet has a five-year CAGR for earnings of 21.34%, well above the past five years’ CAGR of 7.18%. This implies Fortinet is expecting to grow its earnings at a much higher rate going forward versus the recent years.

 


Ebates Coupons and Cash Back

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )