Proofpoint (PFPT)

Proofpoint (PFPT)

Postby winston » Wed Feb 21, 2018 9:08 pm

not vested

THE UPTREND IN DATA SECURITY

Most companies lose when hackers steal data. But today, we'll show you one that wins...

Regular readers know we are always looking to invest in big secular trends. Today, one of these trends is the personal data we store on the Internet... and the growing need for cybersecurity.

Last year's breach at credit-reporting bureau Equifax (EFX) compromised the personal information of about 145 million Americans. As hacks like this keep increasing, more businesses will turn to cybersecurity experts for help.

Today, we can see this concept at work in shares of the Proofpoint (PFPT)... Proofpoint's software helps secure companies' communications. It also defends against viruses and hacking attempts.

Earlier this month, Proofpoint reported that its sales jumped 36% from last year. Plus, it's setting its sights on future growth. Last year, it took over two other cybersecurity firms, Cloudmark and Weblife.

As you can see in the chart below, Proofpoint has soared. Shares are up more than 620% over the past five years...

And they just hit a new all-time high. More companies are turning to companies like Proofpoint for protection...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Proofpoint (PFPT)

Postby winston » Thu Jul 04, 2019 2:18 pm

not vested

ProofPoint (PFPT)

For investors who like chasing growth, the cybersecurity sector has some of the best stocks. One of them is Proofpoint (NASDAQ:PFPT).

Proofpoint continues to post huge increases in revenue and profits, with sales up 35% in Q4. As a result, PFPT has rallied strongly, gaining 47% already in 2019.

At current levels, PFPT is challenging all-time highs. And it’s not cheap, at 9x revenue and 55x forward EPS estimates.

But there’s room for upside from a technical perspective if the stock can bust through resistance. And there’s room for upside from a fundamental perspective too … if its current growth continues.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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