|12/2/13||Shop Closed Profitable Day. Fortinet Inc, KLA-Tencor Corporation, Kohl's Corporation, Yum! Brands... (Trading with the Average Jay)|
Good morning traders. I closed up shop early today. I was 4 for 4 this morning, and I will not give back to the market what I made. This way I go out with a positive and confidence building day. I posted the first three trades with profit targets on my twitter feed last Friday. See side bar for trade results. Update: All my closed short trades have moved higher after exits. What a great feeling. Today was a good day for me, "blessing to all and good trading." 1. Short trade in...
|7/28/11||Fortinet Rallies On Takeover Speculation (Stock Wizard)|
Shares of Fortinet Inc. (NASDAQ: FTNT) rose more than 1% on Thursday on speculation that the company could be a takeover target. Fortinet, Inc. provides network security appliances and unified threat management (UTM) network security solutions to enterprises, service providers, and government entities worldwide. The company recently reported that its second-quarter profit rose to $14.5 million, or 9 cents per share, from $6.9 million, or 5 cents per share, in the year-ago quarter. On an...
|7/19/11||Riverbed Technology And Fortinet Decimated After Earnings (Phil’s Stock World)|
Courtesy of Benzinga Riverbed Technology (NASDAQ: RVBD) released its Q2 earnings results after the closing bell on Tuesday. The company reported EPS of $0.21, which was in line with consensus estimates. Revenues came in at $170.3M, which missed consensus estimates of $172.8M. In [...]
|5/27/11||Stock Market Analysis Video (The Iconoclast Investor)|
In this week's Stock Market Analysis Video, Cabot Top Ten Trader Editor Mike Cintolo says the market found some support this week, but the overall trend remains negative. Mike thinks you should be taking a break from active trading and focus on building your watch list. Mike also discusses how to determine which stocks are [...]
|4/8/11||Top Falls at NASDAQ Technology Sector: (KLAC, LRCX, FTNT) (Penny Stock DD)|
KLA-Tencor Corporation (NASDAQ:KLAC) witnessed the correction of 4.57% and closed at $44.06 whereas overall traded volume stood at 3.95 million shares for the day. The company stands in profit with the profit margin of 20.50%. The company is in highly profitability with ROE of 21.72%. Lam Research Corporation (NASDAQ:LRCX) dropped by 4.97% to close at $53.52 [...]
|1/27/11||Top NASDAQ stocks in review: (KEYN, BIOF, ICGN, FTNT, URRE) (Penny Stock DD)|
Keynote Systems, Inc. (NASDAQ:KEYN) moved up by 28.17% and closed at $19.20 whereas overall traded volume stood at 1.38 million shares for the day. Its dividend yield is 1.25%. The company maintains strong short term liquidity position with current ratio of 2.88 times. BioFuel Energy Corp. (NASDAQ:BIOF) went up by 23.81% to close at $1.30 with [...]
|11/1/10||Benzinga's Volume Movers (OSIS, VRUS, ORBK, FTNT) (Benzinga)|
OSI Systems Inc (NASDAQ: OSIS) shares moved up 2.78% to $37.00 at 11:27 am. The volume of OSIS shares traded was 487% higher than normal. OSIS has been awarded a $3 million contract from Saint Luke's Magic Valley Medical Center for providing patient monitoring solutions. Pharmasset Inc (NASDAQ: VRUS) shares rose 7.47% to $40.30. The volume of VRUS shares traded was 459% higher than normal. VRUS has reported positive preliminary results with its PSI-352938 for treating chronic hepatitis...
|11/1/10||NASDAQ Stocks Hitting 52-Week Highs (AVNR, MIND, FTNT, MPEL) (Benzinga)|
Avanir Pharmaceuticals (NASDAQ: AVNR) shares reached $5.07 to create a new 52-week high, before falling to $4.99, representing a 106.20% gain. US FDA has given approval to the company's neurology drug Nuedextra. Mitcham Industries Inc (NASDAQ: MIND) shares gained 1.90% to create a new 52-week high of $8.81. MIND's earnings are likely to surge by 90.91% in the next year. Fortinet Inc (NASDAQ: FTNT) shares jumped 20.20% to create a new 52-week high of $36.06. According to the Bloomberg,...
|11/1/10||Benzinga's Top Pre-Market NASDAQ Gainers (AVNR, FTNT, YRCW, ORCT) (Benzinga)|
Avanir Pharmaceuticals Inc 0(NASDAQ: AVNR) rose 131.82% to $5.61 in the pre-market session. US FDA has given its approval to AVNR's involuntary emotion drug Nuedexta. Fortinet Inc (NASDAQ: FTNT) added 29.97% to $38.99 in the pre-market session. According to the Bloomberg, FTNT received a takeover approach from International Business Machines Corp (NYSE: IBM). YRC Worldwide Inc (NASDAQ: YRCW) soared 29.25% to $5.70 in the pre-market trading. The union workers of YRCW have approved a 3rd...
|11/1/10||Fortinet Jumping After Possible Bid (FTNT) (Benzinga)|
Fortinet, Inc. (NASDAQ: FTNT) is skyrocketing in pre-market trading, gaining nearly 30% after reports that IBM (NYSE: IBM) has approached the company about a takeover. Fortinet had been previously mentioned by Jim Cramer as a potential takeover target. At last check, shares of FTNT were up $8.00 to $38 in pre-market. Fortinet, Inc. provides network security appliances and unified threat management network security solutions to enterprises, service providers, and government entities...
|10/22/10||Fortinet Jumping After Earnings, Mentioned By Cramer (FTNT) (Benzinga)|
Shares of Fortinet, Inc. (NASDAQ: FTNT) are near their highs of the day, after reporting earnings that blew away analysts estimates. The company reported earnings of 18 cents per share, compared with the 11 cents Wall Street was expecting. Revenue was also sharply higher, as the company reported 29% year-over-year growth at $85 million. Analysts' estimates were for $76.94 million. Fortinet has been mentioned as a potential takeover target by Jim Cramer. At last check, shares of FTNT...
|10/22/10||Fortinet Post Strong Quarter; Shares Rise (Benzinga)|
Fortinet Inc. (NASDAQ: FTNT) reported strong 3Q results beating street expectations across the board. This reinforces Deutsche Bank's conviction that Fortinet is well positioned to benefit from pent up demand for an integrated security solution and strength of proprietary UTM technology. Demand appeared particularly strong in enterprise driven by both greenfield operations and competitive displacements of incumbent large vendors. Overall, it was an excellent quarter highlighting Fortinet's...
|9/17/10||Cramer Says Fortinet Makes Sense In A Deal (FTNT) (Benzinga)|
Fortinet, Inc. (NASDAQ: FTNT) is higher today by more than 4%, in part due to the company possibly being acquired. In an article on Real Money, Jim Cramer said network security appliance maker could be acquired somewhere in the $35 per share range. The majority of the tech deals recently have been in the $1-$2 billion range, and FTNT's market cap is $1.7 billion, so this certainly makes sense from a valuation standpoint. Shares are currently higher by $1.06 to $23.86, a gain of more...
|1/6/10||Morgan Stanley Global Tech Day 1.06.10 (HedgeAnalyst)|
Fortinet – A Pure Play on the Fastest Growing Security Market(FTNT, $18, O/I)Adam Holt / Keith Weiss / Munish JainMorgan Stanley does and seeks to do business withcompanies covered in Morgan Stanley Research. As a result,investors should be aware that the firm may have a conflict ofinterest that could affect the objectivity of Morgan StanleyResearch. [...]