FireEye (FEYE) shares have surged 50% since their mid-February low, but are still down almost 70% since last summer. Daniel Beckerman, founder of Beckerman Institutional, said the cyber-security solutions provider is a steal due at this level due to its impressive organic growth. 'We like to strip back out the effects of acquisitions on revenue growth and even when we adjust for that, FireEye has still grown their revenue in the mid-double digits which is the envy of most publicly traded companies,' said Beckerman. Beckerman added that FireEye is used by over 200 of the top Fortune 500 companies, a nice seal of approval in a high profile space.
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.