- 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.
For further details see:
NortonLifeLock: Bracing For High Growth With Avast And Cryptocurrency