We came across a bearish thesis on Fortinet, Inc. (FTNT) on Substack by Long-Term Pick. In this article, we will summarize the bears’ thesis on FTNT. Fortinet, Inc. (FTNT)'s share was trading at $109.98 as of Feb 13th. FTNT’s trailing and forward P/E were 48.66 and 44.44 respectively according to Yahoo Finance.
[caption id="attachment_1238376" align="aligncenter" width="768"]Fortinet (FTNT) has long been a dominant force in the cybersecurity industry, but cracks are starting to emerge in...
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