Fortinet Inc. (NASDAQ:FTNT) is one of the top cybersecurity companies and has increased its hype in the coming years. Fortinet is a very large and solid company. Fortinet's revenue growth over the past few years has remained at around 20% and above, which is seen as an indication that demand for the company's service is strong and steady. Fortinet recently announced revenue growth of 17%, another good indication that demand for services is not slowing down at all, regardless of the scale of expansion. Unlike some cybersecurity vendors, Fortinet's solid performance is justified. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay With the growth of the Internet of Things (IoT), cloud, and infrastructure markets continuing to rise, Fortinet is in the right place at the right time. The security flaws that currently affect millions of people around the world have also brought home the esteem of Fortinet solutions. To be sure, cybersecurity will generate more than $200 billion in revenue by 2021, as indicated by a conservative estimate. still moderately just starting. In any case, as Fortinet demonstrated last quarter, the efforts are already paying off, which looks good for the next five years and beyond. Analysts certainly seem confident that Fortinet will continue to grow. The foundation has been laid to build sustainable and reliably growing profits and profits in an industry with unlimited opportunities. As a result, the next decade will be a flourishing period for Fortinet investors. Fortinet's strong market position, strong growth rates, reliable revenue growth, rational valuations, and lack of debt have attracted the attention of IBM, Cisco, Hewlett-Packard Enterprise, and Oracle in the industry. over the last few years. All in all, its $6.5 billion enterprise value still seems like a small cost to pay to create a leading position in the systems security equipment market. Please note: this is just an example. Get a customized document from our expert writers now. Get a Custom Essay No one will ever think that Fortinet Inc. (NASDAQ: FTNT) will ever be acquired, however I think similar characteristics that make it an acquisition target make it a good investment for most investors. Fortinet offers better overall growth than Check Point and stronger profits, and isn't overloaded with legacy companies like Cisco, which I think makes it a great stock to buy and hold for the long term.
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