9 Stocks Poised for Gains as AI Reaches New Heights in 2025

7. Fortinet, Inc. (NASDAQ:FTNT)

Number of Hedge Fund Holders: 47

Fortinet, Inc. (NASDAQ:FTNT) provides cybersecurity and convergence of networking and security solutions worldwide. It offers various endpoint security services for on-premises, cloud-based, and Internet of Things (IoT) devices. As technology gets integrated into every aspect of the digital world, the demand for cybersecurity protection also grows. Thanks to a robust pipeline and lineup of firewall and security offerings, Fortinet has emerged as a leader in cybersecurity. According to research firm Piper Sandler, increased focus on cybersecurity amid geopolitical tensions and the rise in generative AI threats presents tremendous opportunities for Fortinet, Inc. (NASDAQ:FTNT). Consequently, the firm upgraded the stock to an “Overweight” on January 6 with a $120 price target, touting the strong prospects of a firewall refresh cycle.