 Microsoft and Meta Platforms led Wall Street higher Thursday after the Big Tech companies reported profits for the start of the year that were even bigger than analysts expected. The S&P 500 rose 0.6% for an eighth straight gain, its longest winning streak since August. The Dow Jones Industrial.... |
Good MorningEquity markets retreated on Wednesday following a weak GDP reading. The initial Q1 GDP reading showed a contraction, but the broader outlook remains resilient. The market slipped on the news but showed support at a pair of moving averages aligning with the rebound outlook. In this scenario, the market is likely to continue advancing on Thursday and Friday and could reach the 5,700 level next week.
The first reading of Q1 GDP came in at -0.3%, raising the risk of a recession. A recession, by definition, is two successive quarters of negative GDP growth. The risk for sellers is that GDP is revised and will likely be increased next month. The more significant figures were the inflation data, which showed that March PCE cooled at the headline level and core inflation tracked in line with an outlook for an interest rate reduction. The takeaway is that economic risks are increasing, but so are the odds for the FOMC to step in, cut rates, and stimulate activity. Featured: The 402 Dividend Achievers for 2025 (Ad) 
| Markets | | | Microsoft and Meta Platforms led Wall Street higher Thursday after the Big Tech companies reported profits for the start of the year that were even bigger than analysts expected. The S&P 500 rose 0.6% for an eighth straight gain, its longest winning streak since August. The Dow Jones Industrial... Read the Full Story |
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Every once in a while, investors come across some of the best names in a given industry, which then become subject to the best news and developments during a holding period. Today’s best pick seems to be in the medical sector. It shows investors a major fundamental strength that has bee... Read the Full Story |
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Advanced Micro Devices' (NASDAQ: AMD) stock price has retraced 100% of the AI-induced bubble, and offers a technical and fundamental entry point too good to pass up. The stock price is trading below the AI bubble launch point at the end of April, at the low end of the analysts’ target... Read the Full Story |
| From Our Partners | | Over the past two months, I placed 27 trades using a simple pattern I discovered in the Nasdaq.
21 of them were winners.
That's a 78% win rate, with an average gain of $620 per trade.
The crazy part? Most of these trades lasted just minutes. All of them were on the same ticker - the Nasdaq futures (NQ). And every single one was triggered by the same pattern around what I call the "26 level." | | I've put everything I've discovered into a free report called "The Perfect Nasdaq Trade." |
| Markets | | | Microsoft on Wednesday said its profits rose 18% for the January-March quarter, driven by its growth in its cloud computing and artificial intelligence business in a turbulent time for the tech sector Read the Full Story |
| Markets | | | Australians vote Saturday in general elections being dominated by the soaring cost of living, the economy, energy and China. Affordable housing is in short supply, interest rates remain high and the major political parties are starkly divided on how to wean the nation off fossil fuel-generated elect... Read the Full Story |
| From Our Partners | | What were you doing this morning at 9:26 AM?
Because at that exact moment, the Nasdaq hit the 18,726 level and bounced - just like it does almost every single day.
Traders who knew about this pattern had the opportunity to pocket $620 in the next few minutes.
Tomorrow morning, it will probably happen again. And the morning after that.
In fact, this "26 level" pattern shows up an average of 9 times every single week. That's potentially $5,580 in weekly opportunities. | | I've put everything I've discovered into a free report called "The Perfect Nasdaq Trade." |
| Tech | | | Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue — boosted by artificial intelligence tools — on its social media platforms.Meta's stock climbed in extended trading after the results came out. I... Read the Full Story |
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In a market often seeking refuge in stability, confectionery and snack giant The Hershey Company (NYSE: HSY) is generating noticeable pre-earnings buzz. Despite facing stock price pressure over the past year, down approximately 14%, reports indicate heightened investor attention surrounding the co... Read the Full Story |
| Markets | | | The International Monetary Fund says that countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid Read the Full Story |
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Shares of Amazon.com Inc. (NASDAQ: AMZN) closed just below $190 on Tuesday, continuing to stabilize and consolidate after a sharp correction. While still down more than 20% from February's all-time high, the stock has bounced roughly 16% off its multi-year low from earlier this month.
With earnin... Read the Full Story |
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Down about 8% in the last month, quantum computing firm D-Wave Quantum Inc. (NYSE: QBTS) is a leader in an industry hit hard by the escalating trade war between the United States and China. While the recent slump may present an opportunity for investors to buy this quantum industry standout, there... Read the Full Story |
| Thursday's Early Bird Stock Of The Day Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California. | Should I Buy Fortinet Stock? FTNT Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Fortinet was last updated on Thursday, June 12, 2025 at 6:39 PM.
Fortinet Bull Case -
The current stock price is around $101.76, which may present a buying opportunity for investors looking to enter at a lower price point.
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Fortinet, Inc. reported a significant year-over-year revenue increase of 13.8%, indicating strong growth potential and demand for its cybersecurity solutions.
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The company has a high return on equity of 256.53%, suggesting efficient management and profitability, which can be attractive to investors seeking strong financial performance.
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Recent analyst upgrades have set price targets as high as $125.00, reflecting positive market sentiment and potential for stock appreciation.
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Fortinet, Inc. has a solid market capitalization of approximately $77.89 billion, indicating stability and a strong position in the cybersecurity industry.
Fortinet Bear Case -
The stock has experienced fluctuations, with a 12-month high of $114.82 and a low of $54.57, indicating volatility that may concern risk-averse investors.
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Despite recent growth, the stock has a relatively high P/E ratio of 45.05, which may suggest that it is overvalued compared to its earnings.
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Insider ownership is at 17.20%, which, while significant, may indicate limited alignment between management and shareholder interests.
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Recent analyst ratings show a consensus of "Hold," suggesting that many analysts are cautious about the stock's immediate upside potential.
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The company has a debt-to-equity ratio of 0.67, which, while manageable, indicates that it is not entirely debt-free, potentially posing risks in a rising interest rate environment.
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