Latest / Market News with Rodney Lake
Episode 33 | Fortinet and the Cybersecurity Tailwind
In Episode 33 of “Market News with Rodney Lake,” Rodney Lake, Director of the GW Investment Institute, discusses Fortinet, a cybersecurity company performing well, recently hitting a 52-week high. The company has demonstrated consistent growth, with a revenue of $5.9 billion and a market cap of $87 billion. Fortinet enjoys impressive gross margins of 80% and net margins of 26%. Its co-founders, Ken and Michael Xie continue to lead the company, owning a significant stake that aligns them with shareholder interests. Overall, Fortinet is viewed as a high-quality business with growth prospects…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.