Profiting from online threats

Article Excerpt

SYMANTEC $16.67 (Nasdaq symbol SYMC; TSINetwork Rating: Average) (1-408-517-8000; www.symantec.com; Shares outstanding: 751.0 million; Market cap: $12.5 billion; No dividends paid) sells Internet-security technology, including antivirus and Internet and email-filtering software, to businesses and consumers. In the three months ended September 30, 2011, earnings per share before one-time items rose 14.7%, to $0.39 from $0.34. Sales rose 13.6%, to $1.7 billion from $1.5 billion. The company’s sales to businesses and consumers continue to increase due to rising concerns about identity theft and online intruders. Symantec is a buy. buy…