Cybersecurity Stocks To Keep An Eye On - October 11th

Key Points

• CrowdStrike, Palo Alto Networks, and Fortinet are highlighted as key cybersecurity stocks to watch, driven by increasing cybercrime and regulatory demands.
• CrowdStrike focuses on a unified cybersecurity platform providing endpoint protection and AI-powered solutions, while Palo Alto Networks specializes in firewall management and threat prevention services.
• Fortinet is noted for its secure networking solutions that integrate networking and security, emphasizing the importance of secure connectivity in cybersecurity.

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, implement, and manage technologies—such as firewalls, encryption tools, identity-management platforms, and threat-detection software—to protect networks and data from cyberattacks. Investors buy these stocks to gain exposure to the rapidly growing market for digital defense, driven by rising cybercrime rates and increasingly stringent regulatory requirements. While they often offer strong long-term growth potential, cybersecurity stocks can exhibit volatility due to fast-paced technological change, intense competition, and fluctuations in corporate IT spending. 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