FireEye Inc (NASDAQ:FEYE) is a cyber security player, one of the biggest in the world. While being a mega player in the industry, it has fallen from $55.00 to $13.00 in the last 9 months. This epic decline has been partly based off of some worries over growth but mostly because of general market fear. In the last six months or so the FireEye Inc has been buying smaller niche players within their industry, cementing themselves as a future leader in cyber security. They are positioning themselves beautifully.
The key here is to note that FireEye Inc (NASDAQ:FEYE) is doing whatever it has to, to remain a leader while also realizing that cyber defense is becoming and will become the biggest war front going forward. Battles will not be fought in person, but instead using technology, hacking..ect. While the stock is depressed, for investors with a longer term view, it is almost a crime not to buy.
Chief Market Strategist