Momentum Trading Strategy

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Short lessons on momentum trading, every day.

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$FTNT ×
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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.