Stock Pick: FireEye
Another pick for you today.
I mentioned FireEye yesterday, and while it’s not a company I’ve followed closely, as I’ve dug in, I’ve become more interested. Their revenue’s rose 6% YoY in Q3, and their annualized recurring revenue hit a record.
More importantly, I’m convinced that digital security is going to be increasingly critical over the next few years as more companies move to the cloud.