3 Reasons Fortinet Is a Top Cybersecurity Stock For 2021
In the realm of cybersecurity, 2020 was all about cloud-based cybersecurity software names. Organizations were forced to migrate to cloud computing-based operations like never before, so there was huge demand for services from companies like CrowdStrike Holdings (NASDAQ: CRWD), Zscaler (NASDAQ: ZS), and Okta (NASDAQ: OKTA) -- and prices for all three stocks increased by triple digit-percentages last year as a result.
But overlooked among companies in this sector was Fortinet (NASDAQ: FTNT), one of the largest cybersecurity firm pure-plays out there (as measured by revenue). Fortinet is still outpacing average industry growth by a wide margin. In fact, I think this could be one of the best security stocks to buy for 2021.
Here are three reasons why.
Source Fool.com
