Fortinet Inc. (FTNT) is also looking very good right now. It’s a midcap cybersecurity company that got slammed despite a great earnings and revenue report.
Wall Street punished the stock because current bookings missed by a tiny $600,000.
With millions of people working from home, an election year where cyberattacks are center stage and campaigning is done online more than ever, and numerous high-profile hacking incidents on people’s minds, cybersecurity demand is higher than ever.
Fortinet is a great rebound play in this area. The issue of cybersecurity will only become higher in profile as we head into the election.
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