2020 stock pick of the year

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6/1/2020 FTNT closes at 144.75

for anyone following cybersecurity in general, other players include crowdstrike 94.84 (+7), panw 238.31 (+2.9).


Bought some CRWD is AM..I'm going to hold it for a bit.
 

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What are on next halekulani?
 

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nothing right now
not seeing great value

hoping vmware drops into the 140s again and then maybe i'll go in there.
 

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it seems like the tides quickly turned in my favor.
VMW good entry point at 146 imo
 

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Someone mentioned it earlier in the thread, but a longer term hold for me has been Cybersecurity Platforms. As more business are being shook out from the pandemic, large consumer bases are forcibly shifting to online. Companies need to continue to make strides to protect their databases in an environment where nefarious forces are constantly upgrading and improving.

Most companies do not have the capital, know how, or resources to develop those internal departments especially how quickly it needs to be spun up to meet the current situation. Shot in the dark: I even think voting will eventually be done online using blockchain and security platforms.

Rapid7 (RPD) has been one I've been buying a small stake in each week - might take a look and do your own due diligence. I'd love to hear anyone else who is looking at OpSec as a budding industry and your thoughts
 

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i agree RPD is a good play. i think long term it does have a lot of competition, which makes me wonder if it will just get bought out by a bigger foe, ie fortinet. however, cybersecurity market still has room for plenty of growth so i think smaller companies will see success, for now at least.

jumping back in on rtx. 59 is a good price.
 

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surprise stocks for me are $SQ and $LVGO. knew they were good, but didn't know they were this good.
 

my clock is stuck on 420 time to hit this bong
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anyone jumping back in at 0.21?
I dumped it last week before there report have an order in today to buy at .15 this thing really like watching paint dry other then the news moves. Think long term has some value here.patience is everything in this one. They have a lot of pipeline and storage think it has an upswing in near future
 

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dropbox $dbx down to 20 bucks. earnings will be in august. i think for a short play here, dbx is a reasonable bet to rise at least 10% post-earnings call.

docusign is on an incredible run and dropbox owns hellosign. there is plenty of marketcap to be shared with hellosign.
 

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BOXL. I've sorta been watching..heres the rub though.
off the earnings call July 9th..not time yet but worth watching..poor mans CHGG.
Down big today.



We also expect to raise additional debt or equity capital this year to reduce our payables, increase our inventory levels and provide a working capital buffer. The combination of our reduced operating budget, run rate sales forecast and plans for additional investment will position us for a significant financial improvement, including plans to operate on a cash flow positive basis and be financially self-sufficient.
We continue to commit to a diversified product mix and improving gross profit margins. During 2019, over 50% of our sales were from interactive flat panels. We expect 2020 to show a double-digit dollar improvement in sales from other product categories, including classroom accessories such as our MimioClarity distributed audio system, software solutions with a focus on recurring subscription revenues, STEM education solutions with training and standards-based content and professional services.
 

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