1 Reason to Buy FireEye Stock, and 1 Reason to Stay Away
FireEye (NASDAQ: FEYE) has turned out to be a terrific investment this year. The cybersecurity specialist's stock hit a 52-week high earlier this month and has gained 40% so far in 2017. The company has enjoyed rapid improvements in key metrics and is getting close to becoming profitable on the back of a sustained growth in its subscription business.
FireEye's updated product line-up could keep boosting its subscription business, giving investors a solid reason to stay invested. But there's one factor that could derail FireEye's growth in the long run: the growing dominance of Cisco (NASDAQ: CSCO) in the cybersecurity space.
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Source: Fool.com
Cisco Systems Inc. Stock
€44.60
-0.260%
We see a rather positive sentiment for Cisco Systems Inc. with 11 Buy predictions and 2 Sell predictions.
With a target price of 56 € there is a positive potential of 25.56% for Cisco Systems Inc. compared to the current price of 44.6 €.
