Ranjit Thomas, author at Seeking Alpha, discusses cybersecurity company Check Point Software as his "Idea of the Month."
Thomas talks about the products Check Point makes that help companies protect their data. He highlights the importance of security software in a world where hacking has become more regular. However, he doesn't recommend buying right after a hack.
He notes that Check Point's technology is mostly used by enterprises and data centers.
A legal expert helps break down why Tesla shareholders are voting on Elon Musk’s historic pay deal – and why betting against Musk usually doesn’t pay off.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’