Top Cybersecurity Stocks To Add to Your Watchlist - October 19th

Key Points

• Five notable cybersecurity stocks to watch include Palo Alto Networks, CrowdStrike, Fortinet, SentinelOne, and Globant, each providing unique solutions to combat rising cyber threats.
• The cybersecurity market is experiencing significant growth, driven by increased cyber risk and regulatory demand for security solutions.
• Investing in cybersecurity stocks offers exposure to a growth-oriented, defense-centric sector, though investors should remain mindful of factors like technological shifts and corporate IT spending changes.

Palo Alto Networks, CrowdStrike, Fortinet, SentinelOne, and Globant are the five Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks are shares of companies that develop, sell, or support products and services designed to protect networks, systems, and data from cyber threats — including software, hardware, and security consulting or managed services. For investors, they offer exposure to a growth-oriented, defense-focused sector driven by rising cyber risk and regulatory demand, but can be affected by technology shifts, competition, and changes in corporate IT spending. 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

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

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

SentinelOne (S)

SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.

Read Our Latest Research Report on S

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Read Our Latest Research Report on GLOB