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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.

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Source Fool.com

Alphabet Inc. A Stock

€147.46
-1.010%
We can see a decrease in the price for Alphabet Inc. A. Compared to yesterday it has lost -€1.500 (-1.010%).
With 94 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 179 € there is a positive potential of 21.39% for Alphabet Inc. A compared to the current price of 147.46 €.
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