Fortinet Stock: Is FTNT Outperforming the Technology Sector?

Fortinet, Inc. (FTNT), headquartered in Sunnyvale, California,  focuses on providing network security appliances and unified threat management network security solutions to enterprises, service providers, and government entities. With a market cap of $74.4 billion, Fortinet operations span various countries in North America, Latin America, EMEA, and Asia-Pacific.

Companies worth $10 billion or more are generally described as "large-cap stocks," Fortinet fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the software infrastructure industry.