PFPT - Proofpoint's Dip Due To Short-Term Concerns A Great Buying Opportunity
Proofpoint (NASDAQ:PFPT) has missed the recent cyber bull run, weighed down largely by short-term uncertainties related to COVID-19. Given the company’s diverse product portfolio, long-term growth prospects into new and within existing customers, and tailwinds related to work-from-home, the market seems to be over-penalizing management’s near-term guidance. Further, the significant discount at which Proofpoint is trading compared to its peers, adjusted for revenue growth and profitability, offers a great buying opportunity with long-term upside.
Rule Of 40 Screener
The Rule of 40 for software companies is a relatively new principle that the sum