Will Fortinet Be a Trillion-Dollar Stock by 2040?
Over the past few years, several of the world's largest tech companies -- including Apple, Microsoft, , and Nvidia -- became trillion-dollar companies. That growing list includes hardware, software, and chip companies. But we still haven't seen a single cybersecurity company join the 12-zero club yet.
Could Fortinet (NASDAQ: FTNT), a cybersecurity leader that was founded 23 years ago, have a shot at becoming the sector's first trillion-dollar company by 2040? Let's review its business model, growth rates, and valuations to find out.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Aktie
Die Alphabet Inc. A Aktie ist ein Favorit: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Die Community erwartet für Alphabet Inc. A ein Kursziel von 179 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 147.46 € bedeuten könnte.