CHKP - NortonLifeLock: Bracing For High Growth With Avast And Cryptocurrency

• NortonLifeLock, also known as Norton, operates in a market where cybercrime is on the rise.
• Compared to competitors, it has achieved a better balance between growth and profitability.
• The current single-digit growth should surge into the mid-thirties by the middle of next year with the Avast acquisition.
• Debt level should also rise, but the company has strong free cash flow generation capability.
• Investors should also watch out for Norton Crypto for mining Ethereum.

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