When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Fortinet faces challenges due to soft demand and excessive inventory levels throughout its supply chain. Conditions are expected to improve later in 2024 though.
SASE and SecOps will eventually support Fortinet's growth as they scale. The Lacework acquisition should also boost Fortinet's cloud security business.
While there is a risk that hardware sales will remain depressed for an extended period of time, Fortinet's valuation should limit downside.