FireEye Is My Must Buy Stock to Open 2018

I looked at a lot of small biotech stocks as possible 'must buy' stocks for 2018. There are several I think could easily double in the New Year; albeit with the high risk developmental concerns in this space always entail. However, my must buy stock to open 2018 is a technology stock. The shares seem undervalued at current trading levels with little downside risk. I also think the company is bought by a larger suitor with a 50% to 75% premium sometime in 2018. Therefore, FireEye (FEYE)  is the stock I think Real Money Pro readers need to own going into the New Year.

This California-based company provides cybersecurity products designed to detect and prevent attacks as well as enable rapid discovery and response when a breach occurs. Cyberattacks and cybersecurity have become part and parcel of everyday life. The breach of Equifax (EFX)  in early 2017 affected over 100 million consumers and cost its shareholders over $2 billion. Spending on cybersecurity is expected to exceed $1 trillion for the five-year period from 2017 to 2021....337 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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