Wednesday, May 21, 2014

Time to Buy Check Point Software?

IT security company Check Point Software  delivered a good set of results recently, but its guidance disappointed and the stock took a hit. The company has long been known for its high profit margins and excellent cash flow, but the security marketplace is very competitive. Is Check Point starting to feel the heat from competitors like Fortinet  and Palo Alto Networks ? Or, is its guidance too conservative?


Check Point reports a good quarter
A brief look at the results indicates that Check Point's first-quarter earnings came in slightly better than the mid-point of its guidance: