2 Top Tech Stocks to Buy Right Now
The stock market has been on a good run lately. The S 500 is up 14% year to date, and the Nasdaq Composite has risen by 17%. A lot of this performance has been driven by the large, well-known tech companies in the news almost daily. However, some wonderful tech businesses don't get as much media coverage but are worth considering as investments.
Here are two great tech stocks to buy right now. Each company has been reporting solid results and has a large market opportunity to pursue. Let's dig in and see why.
(NASDAQ: FTNT) may not be the first cybersecurity company that comes to mind for most investors, but it has been posting strong results for many years. In fact, since its 2009 initial public offering (IPO), shares are up more than 3,400%, easily outpacing the S 500. The story has been different over the past year when Fortinet has seen its stock fall 19%, driven by three sharp declines following earnings reports.
Source Fool.com
Fortinet Inc. Stock
With 16 Buy predictions and 16 Sell predictions the community is currently undecided on Fortinet Inc..
A target price of 63 € results in a potential of -54.66% which would mean heavy losses compared to the current price of 138.94 € for Fortinet Inc..
