{"id":50474,"date":"2014-05-05T05:59:13","date_gmt":"2014-05-05T09:59:13","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50474"},"modified":"2014-05-05T05:59:13","modified_gmt":"2014-05-05T09:59:13","slug":"fireeye-earnings-surprise-in-t-minus-35-hours","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/05\/fireeye-earnings-surprise-in-t-minus-35-hours\/","title":{"rendered":"FireEye Earnings Surprise in T-Minus 35 Hours"},"content":{"rendered":"

By WallStreetDaily.com<\/u><\/a> \"FireEye<\/p>\n

With the recent pullback\u00a0in the tech sector, this is your opportunity to scoop up strong industry leaders at insane bargains…<\/p>\n

And one of the most compelling growth industries in the market today is data security.<\/p>\n

Cyber attacks are increasing in regularity \u2013 and ferocity.<\/p>\n

As Chief Political Analyst, Floyd Brown, mentioned in an interview on Friday,\u00a0Target<\/strong>\u00a0(TGT<\/a>) and Neimen Marcus experienced massive\u00a0data breaches<\/a>\u00a0last year. And recent reports show that cyber criminals were able to steal more than $300 million in Bitcoins from the now-defunct Mt. Gox\u00a0Bitcoin<\/a>\u00a0exchange.<\/p>\n

And these attacks result in severe collateral damage…<\/p>\n

The attack on Niemen Marcus left 1.1 million customer credit cards vulnerable. Since then, 2,400 cards were used fraudulently… After the cyber barrage on Target, the company’s CIO was forced to resign… And the Mt. Gox debacle nearly sent the entire Bitcoin market in a death spiral.<\/p>\n

Indeed, with the costs of cyber attacks on the rise, it’s absolutely vital that companies maintain strict cyber-security initiatives.<\/p>\n

In other words, the market for cyber-security companies is only going to grow over the coming years.<\/p>\n

Especially, considering the chilling statistic below…<\/p>\n

Cyber Criminals Can Remain Invisible for Days<\/b><\/p>\n

Traditional cyber-security products can scan a computer for viruses or protect against intrusions. But once a hacker has already found a way in, it’s much more difficult for most programs to detect the invasion.<\/p>\n

That means hackers often sneak around in a company’s network for a while \u2013 completely unnoticed \u2013 before actually launching their attack.<\/p>\n

Creepy, right?<\/p>\n

They don’t just hang around for a few hours, either. According to Mandiant’s\u00a0M-Trends<\/em>\u00a0report, in 2013, the median amount of time that attackers hung around in a victim’s network before being discovered was\u00a0229 days<\/em>.<\/p>\n

Luckily, one company has found a way to not only protect against initial intrusions, but also detect when a cyber thief makes it past a network’s defenses…<\/p>\n

Preparing for a Major Share Price Explosion<\/b><\/p>\n

If a hacker is snooping around on the network at any time,\u00a0FireEye’s<\/strong>\u00a0(FEYE<\/a>) defense technology will spot it immediately.<\/p>\n

It scans a network for unusual traffic, such as the IP address from a printer moving credit card information to a hidden part of the network.<\/p>\n

So with FireEye’s software, companies can avoid the scenario described above.<\/p>\n

Its advanced ability to spot malicious intrusions actually garnered some media attention recently, since FireEye was responsible for identifying the bug inside\u00a0Microsoft’s<\/strong>\u00a0(MSFT<\/a>) Internet Explorer web browser.<\/p>\n

Now, the company’s share price has been beaten down recently \u2013 with the stock dropping roughly 50% over the last few weeks.<\/p>\n

What’s the problem?<\/p>\n

Well, expectations for the company have been very high. But with the recent pullback in the tech sector \u2013 and the fact that FireEye is a young company that’s operating in the red \u2013 investors are selling off shares to reduce risk.<\/p>\n

Rest assured, however, that’s the\u00a0only<\/em>\u00a0reason that the shares have fallen so drastically.<\/p>\n

When FireEye reports earnings tomorrow, I expect shares to blast higher, once again.<\/p>\n

Fundamentals are likely to improve this quarter, as the integration of FireEye and its subsidiary, Mandiant, promises to increase revenue \u2013 with the sales teams for both companies now cross-selling each firm’s products.<\/p>\n

Beyond growth, administrative costs will shrink as the two organizations combine \u2013 which will help improve profitability.<\/p>\n

Bottom line: FireEye is the leader in a stable and growing industry. It benefits from a unique product, accelerating growth, improving profitability \u2013 along with a super-cheap share price.<\/p>\n

I recommend that you act now before the earnings surprise hits tomorrow.<\/p>\n

Good investing,<\/p>\n

Tom Anderson<\/p>\n

The post FireEye Earnings Surprise in T-Minus 35 Hours<\/a> appeared first on Wall Street Daily<\/a>.<\/p>\n

Article By WallStreetDaily.com<\/u><\/a><\/p>\n

Original Article: FireEye Earnings Surprise in T-Minus 35 Hours<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com With the recent pullback\u00a0in the tech sector, this is your opportunity to scoop up strong industry leaders at insane bargains… And one of the most compelling growth industries in the market today is data security. Cyber attacks are increasing in regularity \u2013 and ferocity. As Chief Political Analyst, Floyd Brown, mentioned in an … <\/p>\n

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