Free Trial

Best Cybersecurity Stocks To Watch Now - August 9th

Alphabet logo with Computer and Technology background

Key Points

  • Alphabet, Palo Alto Networks, and CrowdStrike are highlighted as key cybersecurity stocks to watch due to their strong trading volumes and potential growth amidst increasing cyber threats.
  • Shares of Alphabet (GOOGL) recently traded at $201.42, reflecting a significant rise in volume compared to its average, with a market capitalization of $2.44 trillion.
  • Palo Alto Networks (PANW) and CrowdStrike (CRWD) also showed notable trading activity, with current share prices of $167.06 and $424.49, respectively, underscoring ongoing investor interest in cybersecurity solutions.
  • Want stock alerts on Alphabet? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Alphabet, Palo Alto Networks, and CrowdStrike are the three Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks are shares of publicly traded companies that develop, sell or support technologies and services designed to protect computers, networks and data from cyber threats. Investors buy these stocks to gain exposure to firms specializing in areas like threat detection, encryption, firewalls and incident response. Because cyber risks continue to grow, cybersecurity stocks often attract interest for their potential to benefit from rising demand for digital security solutions. These companies had the highest dollar trading volume of any Cybersecurity stocks within the last several days.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of GOOGL stock traded up $4.90 on Friday, reaching $201.42. The stock had a trading volume of 39,112,061 shares, compared to its average volume of 38,618,092. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm's 50-day moving average is $180.89 and its two-hundred day moving average is $173.15. The firm has a market capitalization of $2.44 trillion, a price-to-earnings ratio of 21.45, a P/E/G ratio of 1.33 and a beta of 1.01. Alphabet has a 12 month low of $140.53 and a 12 month high of $207.05.

Read Our Latest Research Report on GOOGL

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.

Shares of PANW stock traded down $1.04 on Friday, reaching $167.06. The stock had a trading volume of 9,831,203 shares, compared to its average volume of 9,794,964. The firm's 50-day moving average is $194.23 and its two-hundred day moving average is $186.92. The firm has a market capitalization of $111.40 billion, a price-to-earnings ratio of 95.46, a P/E/G ratio of 3.99 and a beta of 0.94. Palo Alto Networks has a 12 month low of $144.15 and a 12 month high of $210.39.

Read Our Latest Research Report on PANW

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.

Shares of CRWD stock traded down $0.51 on Friday, reaching $424.49. The stock had a trading volume of 3,626,057 shares, compared to its average volume of 2,718,355. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The firm's 50-day moving average is $477.04 and its two-hundred day moving average is $425.17. The firm has a market capitalization of $105.80 billion, a price-to-earnings ratio of -615.20 and a beta of 1.13. CrowdStrike has a 12 month low of $235.60 and a 12 month high of $517.98.

Read Our Latest Research Report on CRWD

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Alphabet Right Now?

Before you consider Alphabet, 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 Alphabet wasn't on the list.

While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

ACT FAST! Congress is Dumping these 3 Stocks
AI Stocks Are Printing Money — These 3 Are Just Getting Started
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines