Jim Cramer recommended investors sell Fortinet stock after its shares dropped nearly 20% despite beating earnings, citing Fortinet's narrow product focus and weakness in service revenue growth. He suggested buying Palo Alto Networks and CrowdStrike instead, highlighting their strong revenue growth and broader cybersecurity platforms with AI security. Fortinet's drop affected the sector, but Cramer views it as a company-specific issue rather than a sector-wide problem. Investors should watch upcoming reports for service revenue trends at Fortinet and recurring revenue growth at Palo Alto and CrowdStrike to confirm market share shifts.
Fortinet shares are trading at USD 137.38, down 1.24% on Pluang, while Palo Alto Networks is up 0.38% at USD 382.00 as of Oct 30, 2026 19:11 WIB. CrowdStrike is nearly flat, priced at USD 260.99 with a slight 0.06% decrease. These movements reflect current investor activity on Pluang, where Fortinet sees 94% buy orders despite the price dip.
Jim Cramer highlighted that weak earnings from one company often lead investors to unfairly sell stocks of stronger competitors, creating buying opportunities. He cited Fortinet's disappointing results dragging down shares of Palo Alto Networks and C...
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