- FTNT produced a fantastic 1Q22 earnings report, demonstrating a growthy and profitable business.
- Secular tailwinds driving this 1Q22 ER performance are set to continue.
- FTNT is sandwiching the upper and lower ends of the market, thus producing high growth, accretive margins, and increasing geographic diversification by dominating global shipments.
- FTNT looks relatively attractive when considering its elite Rule of 40 metric and its FCF multiples.
- We think there is a good argument for labelling FTNT the "Cloudflare of hybrid networking and security."
For further details see:
Fortinet: The Cloudflare Of Hybrid Networking And Security