Check Point Software Technologies Ltd. (CHKP), Fortinet Inc (FTNT): Don’t Overlook These Secure Safe Havens

Page 2 of 2

The following chart shows a 6 month time period of insider trades:

Company Name No. of Selling Transactions No. of Buying Transactions
Checkpoint Solutions 0 3
Mantech International Corp 3 0
Fortinet 6 0
Sourcefire, Inc. 6 0
Palo Alto Network 34 0
Data from Insider Monkey

As shown, Check Point Software Technologies Ltd. (NASDAQ:CHKP) boasts the best record. Frankly, I am not surprised. One potential explanation for Palo Alto Networks Inc (NYSE:PANW)‘s large sell off is the negative press the firm has been receiving. The company’s recent earnings report missed expectations, further driving down the stock price. However, I remain bullish on this stock. Given Palo Alto’s recent price drop, I give it a definite buy–it is trading under value.

The firm continues to grab market share, and I believe it is positioned to break through its 3 month resistance of $56 a share.

Moving Forward

Despairing times often call for demanding measures like innovative security solutions. Thankfully, some firms understand the risks at hand and are running to provide solutions.

Brendan Marasco has no position in any stocks mentioned. The Motley Fool recommends Check Point Software Technologies Ltd. (NASDAQ:CHKP) and Sourcefire, Inc. (NASDAQ:FIRE). The Motley Fool owns shares of Check Point Software Technologies and Mantech International Corp (NASDAQ:MANT). Brendan is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

The article Don’t Overlook These Secure Safe Havens originally appeared on Fool.com.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2