We came across a bullish thesis on Fortinet, Inc. on Value investing subreddit by Last-Cat-7894. In this article, we will summarize the bulls’ thesis on FTNT. Fortinet, Inc.'s share was trading at $75.30 as of August 7th. FTNT’s trailing and forward P/E were 30.00 and 30.49 respectively according to Yahoo Finance.
[caption id="attachment_518921" align="aligncenter" width="750"]Fortinet (FTNT) delivered a solid Q2, beating expectations on both revenue and EPS, with 14% revenue and 15% billings growth. However, higher R&D and...
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