Don't Get Greedy With FireEye, Inc. Stock

Don't Get Greedy With FireEye, Inc. Stock

FireEye (NASDAQ: FEYE) shareholders have enjoyed eye-popping gains so far in 2017, with investors bidding up the stock on signs of an operating rebound. There are good reasons for the spike, considering the cybersecurity specialist just logged a growth uptick and made strides toward reaching profitability.

FireEye is set to add to that positive momentum with an improving sales pace for the second half of the year, if you believe CEO Kevin Mandia's latest forecast.

Still, a few important caution signs warrant a conservative approach by investors who are hoping for a quick rebound.

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Source: Fool.com