Turner in the News

As cyber attacks rise, so should the earnings of digital-security companies, says Turner, 5.18.12

BERWYN, Pa., May 18, 2012 – On average 94 cyber attacks are aimed at business every day, costing companies billions of dollars annually.  According to the latest Sector Focus commentary from Turner Investments, these frequent attacks make the cyber-security market "so promising and lucrative it should enable select security companies to generate double-digit earnings growth annually over the next two years."

Titled Cyber attacks fuel growth of digital security, the piece was written by the six security analysts who cover the technology sector for Turner: Tara Hedlund, portfolio manager/global security analyst; Dan Hirsch, global security analyst; Marek Hlinka, junior global security analyst; Mike Lozano, global security analyst; Chris McHugh, vice chairman and senior portfolio manager; and Bob Turner, chairman and chief investment officer.

Turner Investments, based in Berwyn, Pennsylvania, publishes Sector Focus commentaries monthly as part of the continuing efforts of its five teams of security analysts to monitor market sectors for its growth-stock portfolios.

According to the analysts, cyber threats have evolved considerably in sophistication and scope.  Companies now face attacks from external sources, often in the form of "advanced persistent threats" – attacks that systematically probe digital defenses over time for weak spots.? In addition, companies may also suffer unintentional data breaches from within as employees use unsecured mobile devices or leak sensitive information through social media.

The analysts believe five firms specializing in various aspects of cyber security, such as network security and data protection, are especially well positioned to benefit from corporate demand for that security: Check Point Software Technologies; Fortinet, Imperva, Sourcefire, and Websense.

To read this May 2012 Sector Focus in its entirety, click on this link to the Turner Investments Web site: http://www.turnerinvestments.com/technology/.? Or call 484.329.2407 for a free copy of the piece.

The views expressed represent the opinions of Turner Investments and are not intended as a forecast, a guarantee of future results, investment recommendations, or an offer to buy or sell any securities.  There can be no guarantee that Turner will select and hold any particular security for its client portfolios.   Past performance is no guarantee of future results.

Turner Investments, founded in 1990, is an investment firm based in Berwyn, Pennsylvania.?As of March 31, 2012, we managed more than $13 billion in stocks in separately managed accounts and mutual funds for institutions and individuals.

As of April 30, 2012, Turner held in client accounts 25,280 shares of Check Point Software Technologies, 1.7 million shares of Fortinet, and 91,360 shares of Imperva.   Turner held no shares of Sourcefire or Websense.

CONTACT:

Abbi Anderson

Turner Investments

Telephone: 484.329.2407

E-mail: aanderson@turnerinvestments.com