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UBS ‘quantimental’ framework identifies a surprise U.S. company as its highest ranking stock

Fortune LogoFortune12h ago

UBS ‘quantimental’ framework identifies a surprise U.S. company as its highest ranking stock - Fortune

Quick Summary:

In August, Fortinet bought artificial intelligence cloud security firm Lacework for an undisclosed amount, and is currently valued at $61.4 billion.

They include Fortinet, a 24-year-old cybersecurity company that has grown explosively since Covid caused the work-from-home population to balloon.

United States growth companies are killing it, according to a report published today by Zurich-based UBS.


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Article Details

Author / Journalist: Michael del Castillo

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 22:13:07 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 22972379

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 61 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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Publisher ID: #95

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