Cybersecurity Stocks To Consider - August 19th

Key Points

• Palo Alto Networks, Alphabet, Fortinet, CrowdStrike, and Bullish are highlighted as the top cybersecurity stocks to monitor, driven by increasing demand for protection against rising cyber threats.
• CrowdStrike is preparing for a vital earnings report that could impact its valuation, while Palo Alto Networks is expected to reach new highs by year-end, showcasing positive momentum in the sector.
• Fortinet is noted for its focus on the convergence of networking and security, offering a variety of secure networking solutions globally, while Bullish aims to enhance the adoption of digital assets and blockchain technology.

Palo Alto Networks, Alphabet, Fortinet, CrowdStrike, and Bullish are the five Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks are shares of publicly traded companies that develop or sell products and services aimed at protecting computer systems, networks, and data from unauthorized access, malware, and other digital threats. By investing in these stocks, shareholders gain exposure to a rapidly growing sector driven by rising cyber-attack risks and the increasing global demand for solutions such as firewalls, encryption, threat intelligence, and identity management. These companies had the highest dollar trading volume of any Cybersecurity stocks within the last several days.

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

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.

Read Our Latest Research Report on GOOGL

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

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

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Read Our Latest Research Report on BLSH

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