2 Security Companies Melting Up After Profits

Among the best companies on Wall Street right now are FTNT and NET.

Following their respective earnings reports, two security companies are in rely this morning. &nbsp, Fortinet Inc ( NASDAQ: FTNT ) and Cloudflare Inc ( NYSE: NET ) are both some of the best stocks on Wall Street today, melting up even as the broader market struggles for direction.

FTNT is 5 % higher in premarket buying, after the &nbsp, reported a top-line hit for the fourth quarter. In response, no fewer than 11 brokerages hiked their price targets, the highest coming from Piper Sandler to$ 135 from$ 120. The stocks are poised to start at record highs and develop on their 50 % year-over-year level.

NET, however, is eyeing a 10 % roll out of the wall, after the company’s income triple play for the fourth quarter. Although Oppenheimer downgraded the stock to “perform” from “outperform”, 10 different businesses issued price-target excursions. Cloudflare may also start at a record high, and has added 31.4 % presently in 2025.

Both companies have recently experienced a rise in negative bet in the options pits. &nbsp, At the International Securities Exchange ( ISE), Cboe Options Exchange ( CBOE), and NASDAQ OMX PHLX ( PHLX ), FTNT’s and NET’s respective 10-day put/call volume ratio’s sit in the 80th and 89th percentile of their annual range.

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