Fortinet (Nasdaq:
FTNT)
is one of the many growth tech stocks that I've damned with the praise
of liking the company and the growth story, but finding the valuation to
be too demanding and too vulnerable to disappointment. In the case of
Fortinet, it looks like that particular bird came home to roost with
third quarter results that weren't really that bad, but not nearly
strong enough to keep a hope trade going.
Read more here:
http://www.investopedia.com/stock-analysis/2012/Growth-Investors-Turn-Insecure-About-Fortinets-Growth-FTNT-CHKP-PANW-CSCO1017.aspx
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