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Best Cybersecurity Stocks To Add to Your Watchlist - October 7th

CrowdStrike logo with Computer and Technology background

Key Points

  • CrowdStrike, Palo Alto Networks, and Fortinet are identified as top cybersecurity stocks to watch due to their significant trading volume and growth potential in the rapidly evolving technology market.
  • CrowdStrike offers comprehensive cybersecurity solutions including cloud-delivered protection and advanced threat intelligence, while Palo Alto Networks specializes in firewall appliances and threat prevention services.
  • Fortinet focuses on the convergence of networking and security, providing solutions such as network firewalls and secure networking products globally.
  • Interested in CrowdStrike? Here are five stocks we like better.

CrowdStrike, Palo Alto Networks, and Fortinet are the three Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks represent equity in companies that develop and sell products and services—such as firewalls, encryption tools and threat‐detection platforms—designed to protect networks, devices and sensitive data from hacking, malware and other cyberattacks. As the frequency and sophistication of digital threats continue to rise, these stocks often attract investors seeking growth opportunities in a high‐demand, fast-evolving segment of the technology market. These companies had the highest dollar trading volume of any Cybersecurity stocks within the last several days.

CrowdStrike (CRWD)

CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.

Read Our Latest Research Report on CRWD

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Read Our Latest Research Report on PANW

Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

Read Our Latest Research Report on FTNT

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Before you consider CrowdStrike, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CrowdStrike wasn't on the list.

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