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Fortinet Inc is Among the Companies in the Systems Software Industry with the Best Relative Performance (FTNT , SYMC , DATA , CVLT , PFPT )

By Amy Schwartz

We looked at the Systems Software industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Fortinet Inc (NASDAQ:FTNT ) ranks first with a gain of 2.71%; Symantec Corp (NASDAQ:SYMC ) ranks second with a gain of 1.88%; and Tableau Softwa-A (NYSE:DATA ) ranks third with a gain of 1.49%.

Commvault System (NASDAQ:CVLT ) follows with a gain of 0.70% and Proofpoint Inc (NASDAQ:PFPT ) rounds out the top five with a gain of 0.29%.

SmarTrend recommended that subscribers consider buying shares of Fortinet Inc on March 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $86.90. Since that recommendation, shares of Fortinet Inc have risen 6.7%. We continue to monitor Fortinet Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance Fortinet Inc symantec corp tableau softwa-a commvault system proofpoint inc