Is It Time to Buy FireEye Stock?

FireEye's (NASDAQ: FEYE) third-quarter results topped Wall Street's expectations as the company saw an increase in demand for its offerings in the wake of an increase in cyberattacks. The cybersecurity specialist also increased its full-year forecast, indicating that it is confident of sustaining the momentum.

But is this a signal for investors to buy a cybersecurity stock that has underperformed the market and its peers by a big margin? Let's find out.

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Source Fool.com