Fortinet (FTNT) Could Be A Stock Part Of The AI ‘Endgame’

Fortinet, Inc. (NASDAQ:FTNT) is one of the 14 Stocks That Will Skyrocket.

In this newsletter, Enrique Abeyta teases a stock that’s part of the ‘AI Endgame.’ Call us intrigued. Quoting the consultancy McKinsey, he remarks that “McKinsey has gone so far as to call AI ‘the greatest threat…and defense…in cybersecurity today.’” Naturally, this hints that the stock he’s going to be talking about belongs to the cybersecurity sector. To make it even more attractive, Abeyta points out that “even government agencies like NASA and the Department of Defence use this company’s technology to protect their most sensitive systems…”

Fortinet (FTNT) Could Be A Stock Part Of The AI 'Endgame'

Fortinet, Inc. (NASDAQ:FTNT) is the firm he’s talking about. The shares are up by 17% over the past year and by 46% year-to-date. The stock closed a whopping 20% higher on May 7th. The jump followed the firm’s first quarter-earnings report, with media reports commenting that Fortinet, Inc. (NASDAQ:FTNT) had dispelled fears of AI disrupting its business. Wells Fargo had set a $63 share price target and an Underweight rating on March 3rd as it wondered about the impact of hardware-centric markets on the firm’s business.

While we acknowledge the risk and potential of FTNT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FTNT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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