Fortinet, Inc. (NASDAQ:FTNT) is one of the stocks Jim Cramer talked about. During the lightning round, when a caller expressed that they had bought shares of the company, Cramer replied:
“No, no, that’s actually the weakest of the cybersecurities. I’m going to give you two. You can either be in cyber… look, you can be in the company that just bought CyberArk, Palo Alto Networks, or you can be in CrowdStrike. Those are the only two that I am sanctioning owning right now.”
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Fortinet, Inc. (NASDAQ:FTNT) provides cybersecurity solutions that integrate networking and security, including firewalls, secure connectivity products, and cloud-based protections. In addition, the company offers AI-driven threat detection, security services, support, and training for enterprises, service providers, governments, and businesses. When a caller inquired about the stock during a July episode, Cramer responded:
“No, we don’t want Fortinet. We’re going to wait till CrowdStrike reports. It’s going to go down because that’s what always happens, and then you’re going to snatch some CrowdStrike.”
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Disclosure: None. This article is originally published at Insider Monkey.