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Best Cybersecurity Stocks Worth Watching - October 2nd

CrowdStrike logo with Computer and Technology background

Key Points

  • MarketBeat's stock screener has identified CrowdStrike, Palo Alto Networks, and Fortinet as key cybersecurity stocks to watch, driven by growing demand for online security solutions.
  • CrowdStrike offers a comprehensive range of cybersecurity services including endpoint protection, threat intelligence, and AI-driven workflow automation.
  • Palo Alto Networks specializes in firewall solutions and security management, with offerings that include threat prevention and data loss prevention services.
  • Five stocks to consider instead of CrowdStrike.

CrowdStrike, Palo Alto Networks, and Fortinet 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, provide, or support products and services designed to protect networks, data, and digital assets from cyber threats. Investors buy these stocks to gain exposure to the growing demand for online security solutions driven by increasing cyberattacks and regulatory compliance requirements. 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

Further Reading

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

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.

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

View The Five Stocks Here

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