FTNT

Fortinet (FTNT) gained 1.83% to $174.05 in the latest session, outperforming the S&P 500's 0.58% gain. The network security company is scheduled to report earnings on October 28, 2026, with expectations for EPS of $0.86 (up 16.22% YoY) and revenue of $2.06 billion (up 19.55% YoY). Fortinet holds a Zacks Rank #2 (Buy) rating with a Forward P/E of 49.59, in line with its industry average.

IMCG, a passively managed ETF tracking mid-cap growth stocks, offers broad exposure to the mid-cap growth segment with low costs (0.06% expense ratio) and strong year-to-date performance of 17.88%. The fund holds 263 companies with top holdings including Snowflake, Fortinet, and Cloudflare, and received a Zacks ETF Rank of 2 (Buy). Comparable alternatives include IWP and VOT with similar strategies but larger asset bases.

Fortinet (FTNT) is recommended as a growth stock with a Zacks Growth Score of A and Zacks Rank #2 (Buy). The company demonstrates strong earnings growth of 24.9% expected this year, efficient asset utilization with an S/TA ratio of 0.74 versus industry average of 0.46, and positive earnings estimate revisions. Sales are projected to grow 19.4% this year, outpacing the industry average of 18.3%.