Argentina and Turkey Defy Odds, Beat US Stock Market in 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2024
0mins
Source: Barron's
U.S. Market Performance Compared to Others: While U.S. stocks, particularly the S&P 500, saw a 25% increase in 2024, Argentina's Merval index nearly tripled, and other emerging markets like Turkey, Hungary, and Taiwan also outperformed the U.S., highlighting that significant gains can be found outside of the U.S. market.
Economic Strategies and Outcomes: Countries like Argentina and Turkey implemented aggressive economic reforms to combat inflation and stabilize their economies, leading to substantial stock market gains despite ongoing challenges, while Mexico and Brazil struggled due to poor governance and economic policies.
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Analyst Views on CHKP
Wall Street analysts forecast CHKP stock price to rise
26 Analyst Rating
10 Buy
16 Hold
0 Sell
Moderate Buy
Current: 128.330
Low
195.00
Averages
227.67
High
285.00
Current: 128.330
Low
195.00
Averages
227.67
High
285.00
About CHKP
Check Point Software Technologies Ltd is an Israel‑based company operating in the cybersecurity sector. The Company focuses on supporting the secure artificial intelligence (AI) transformation of enterprise environments. It applies a prevention‑first approach and offers solutions built on an open ecosystem architecture. Check Point helps organizations address advanced threats, prioritize security exposures, and automate security operations across complex digital environments. Its unified architecture is designed to provide protection across hybrid networks, multi‑cloud environments, digital workspaces, and AI systems. The Company organizes its offerings around four core areas: Hybrid Mesh Network Security, Workspace Security, Exposure Management, and AI Security. Its solutions are used by over 100,000 organizations worldwide.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Investigation Launched: Pomerantz LLP is investigating claims of securities fraud against Check Point Software Technologies Ltd., potentially implicating the company and its executives in unlawful business practices that could significantly harm investors.
- Financial Impact: In its Q1 2026 report, Check Point disclosed that product revenue was adversely affected by 'go-to-market changes,' creating near-term headwinds for its security appliance business and negatively impacting 2026 revenue projections.
- Stock Price Decline: Following the earnings report, Check Point's stock price plummeted by $27.49, or 19.64%, closing at $112.47 per share, indicating market concerns regarding the company's future performance.
- Legal Context: Pomerantz LLP, a prominent firm in securities class action litigation with over 85 years of experience, is dedicated to fighting for the rights of victims of securities fraud and corporate misconduct, underscoring its commitment to investor protection.
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- Securities Fraud Investigation: Pomerantz LLP is investigating claims on behalf of investors in Check Point Software Technologies Ltd., focusing on whether its executives engaged in securities fraud or other unlawful business practices, which could severely impact the company's reputation.
- Declining Financial Performance: Check Point reported that its product revenue was affected by 'go-to-market changes' in Q1 2026, creating near-term headwinds in its security appliance business and negatively impacting its 2026 revenue projections.
- Significant Stock Price Drop: Following the earnings report on April 30, 2026, Check Point's stock price plummeted by $27.49, or 19.64%, closing at $112.47 per share, reflecting market concerns about the company's future performance.
- Potential Legal Consequences: As a prominent firm in securities class action litigation, Pomerantz LLP may seek compensation for affected investors, and if the investigation confirms wrongdoing, it could have long-term repercussions on Check Point's financial health and market trust.
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- Securities Fraud Investigation: Pomerantz LLP is investigating claims of securities fraud against Check Point Software Technologies Ltd., focusing on potential unlawful business practices by the company and its executives, urging investors to reach out for more information.
- Earnings Impact: The Q1 2026 financial results revealed that Check Point's product revenue was affected by 'go-to-market changes,' creating near-term challenges in its security appliance business, with management indicating these changes would negatively impact 2026 revenue projections.
- Stock Price Plunge: Following the earnings report, Check Point's stock price fell by $27.49, or 19.64%, closing at $112.47 per share, reflecting market concerns regarding the company's future performance.
- Legal Context: Pomerantz LLP is a prominent securities class action law firm with over 85 years of experience, dedicated to fighting for the rights of victims of securities fraud and corporate misconduct, having recovered numerous multimillion-dollar damages for class members.
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- Repurchase Program Expansion: Check Point's board has authorized a $2 billion expansion of its ongoing share repurchase program, reflecting the company's confidence in future market performance and expected to enhance earnings per share.
- Historical Buyback Overview: Since the inception of the repurchase program, Check Point has bought back approximately 230 million shares for about $17.4 billion, indicating a proactive capital management strategy that aims to increase shareholder value.
- Market Flexibility: The new authorization allows the company to repurchase shares flexibly based on market conditions, potentially through open-market transactions or privately negotiated deals, enhancing its ability to navigate a dynamic market environment.
- Funding Assurance: The repurchase program will be funded from available working capital, ensuring that the company can effectively buy back shares while maintaining financial stability to support shareholder interests.
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- Investigation Launched: The Law Offices of Howard G. Smith have announced an investigation into Check Point Software Technologies Ltd. (NASDAQ:CHKP) regarding potential violations of federal securities laws, aiming to provide legal support for investors seeking to recover losses.
- Earnings Impact: The Q1 2026 financial results revealed that Check Point's product revenue was adversely affected by 'go-to-market changes,' which created near-term headwinds in its security appliance business, with management indicating these changes would negatively impact 2026 revenue projections.
- Stock Price Decline: Following the earnings report, Check Point's stock price fell by $27.49, or 19.64%, closing at $112.47, directly resulting in investor losses and reflecting market concerns about the company's future outlook.
- Investor Rights: The law firm is urging all investors who suffered losses in Check Point to contact them to discuss potential claims, thereby protecting investors' legal rights and seeking compensation for their losses.
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- Investigation Launched: The Schall Law Firm has announced an investigation into Check Point Software Technologies for potential violations of securities laws, focusing on whether the company made false or misleading statements that could affect investors' rights.
- Earnings Report Impact: In its Q1 2026 financial results, Check Point indicated that its product revenue was impacted by 'go-to-market changes,' which are expected to negatively affect revenue projections for 2026.
- Stock Price Reaction: Following the earnings report, Check Point's shares fell by over 19.6%, indicating market concerns regarding the company's future performance and potentially diminishing investor confidence.
- Investor Rights: The Schall Law Firm is encouraging affected shareholders to reach out for free legal consultations, emphasizing their commitment to protecting investor rights.
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