Promising Cybersecurity Stocks Worth Watching - May 9th

Alphabet, CrowdStrike, and Palo Alto Networks 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, manufacture or provide software and services designed to protect computer networks, data and digital infrastructure from cyberattacks. Investors buy these equities to gain exposure to the growing demand for threat detection, encryption, firewall solutions and other tools aimed at safeguarding businesses and governments against hacking, data breaches and ransomware. 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 Alphabet stock traded down $1.06 during trading on Friday, hitting $153.22. 15,256,759 shares of the stock traded hands, compared to its average volume of 28,664,843. Alphabet has a 52-week low of $140.53 and a 52-week high of $207.05. The firm has a market cap of $1.86 trillion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. The stock's fifty day simple moving average is $159.29 and its 200 day simple moving average is $175.18.

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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 $16.68 during trading hours on Friday, hitting $411.95. The company's stock had a trading volume of 2,639,076 shares, compared to its average volume of 5,072,938. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $102.11 billion, a PE ratio of 807.76, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The company has a 50 day moving average of $375.60 and a 200 day moving average of $369.00. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $455.59.

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.

NASDAQ:PANW traded down $1.48 during trading hours on Friday, hitting $187.05. 1,495,680 shares of the stock were exchanged, compared to its average volume of 5,722,942. Palo Alto Networks has a 52-week low of $142.01 and a 52-week high of $208.39. The company has a market cap of $123.85 billion, a P/E ratio of 105.38, a P/E/G ratio of 5.64 and a beta of 1.02. The firm's fifty day moving average price is $176.02 and its 200 day moving average price is $184.73.

Read Our Latest Research Report on PANW