Momentum Trading Strategy

Notes

Finding Leading Stocks

What to buy: how to find, screen and rank the strongest stocks and industry groups.

Showing 1–1 of 1 note

$FTNT ×
View on Substack ↗

Hello, FTNT 👀

A lot of software stocks are moving today, and Fortinet is one of the names standing out.

  • Up nearly 5% today

  • 40% quarterly EPS growth

  • 25% quarterly sales growth

  • 35% pretax margins

  • 117% ROE

  • 90+ one-year Relative Strength

  • Fund ownership increased 16.6% last quarter

Big earnings. Big sales. Strong margins. Increasing institutional sponsorship.

Now FTNT is pushing back toward its recent highs.