Time to Get Greedy With Check Point Software Technologies Ltd. Stock
Shares of Check Point Software (NASDAQ: CHKP) rallied about 30% this year and easily outperformed the NASDAQ's 20% rally. Those gains were fueled by robust demand for its enterprise security solutions -- which include next-gen firewalls, threat prevention, data protection, and secure gateway services.
Check Point offers these services in application bundles called software blades, which are installed into a company's IT framework. After booking initial product and license fees, Check Point generates consistent revenue from those customers with subscriptions. For mainstream consumers, Check Point offers ZoneAlarm, an antivirus and firewall suite with free and premium tiers.
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Source: Fool.com
Check Point Software Technologies Ltd. Stock
€136.00
0.330%
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 167 € there is a positive potential of 22.79% for Check Point Software Technologies Ltd. compared to the current price of 136.0 €.
