Wall Street Says BUY GOLD, But...
While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Open | 78.05 | Prev Close | 79.33 |
High | 78.60 | Low | 76.82 |
Volume | 11,784,038 | Volume (Avg) | 5,712 |
52 Week High | 114.82 | 52 Week Low | 70.12 |
Market Cap | 59.2B | PE Ratio | 30.83 |
General
Name | Fortinet Inc |
Ticker | FTNT |
Exchange | NASDAQ |
Sector | Technology |
Industry | Software - Infrastructure |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 14,898 |
About Fortinet Inc
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the Fortinet Unified Secure Access Service Edge (SASE) solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. In addition the company offers artificial intelligence-driven security operation solutions, which provides a suite of cybersecurity solutions that identify, protect, detect, respond, and recover from threats, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon that helps organizations ensuring attackers face multiple layers of detection and mitigation across endpoints, networks, and applications. Further, it offers FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training and certification programs, as well as operates FortiGuard Lab, a cybersecurity threat intelligence and research organization. The company serves large enterprises, communication service providers, government organizations, and small to medium-sized enterprises. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Highlights
Analyst Target | 90.94 |
Market Cap | 59,194,100,000 |
PE Ratio | 30.83 |
PEG Ratio | 2.14 |
EBITDA | 2,086,000,000 |
Valuation
Trailing PE | 31.61 |
Forward PE | 31.65 |
Price/Sales (Trailing 12 Mt.) | 9.59 |
Price/Book (Most Recent Quarter) | 29.50 |
Technicals
Beta | 1.13 |
52 Week High | 114.82 |
52 Week Low | 70.12 |
50 Day Average | -22.54% |
200 Day Average | -21.67% |
Earnings
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While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.
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