Check Point Software Technologies Ltd. (NASDAQ:CHKP) is a leading cyber security vendor. Fears of slowing cyber security spending abated when Check Point reported a solid close to its year and showed early signs of strength in its next generation software products with subscription revenue growth acceleration. As a leader in the cyber security market, with a large cash balance and strong cash generation, we see continued opportunity for profitable growth.
From the Baron Global Advantage Fund first quarter 2016 commentary.
