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.
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Source Fool.com