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Top Cybersecurity Stocks Worth Watching - October 4th

Palo Alto Networks logo with Computer and Technology background

Key Points

  • Palo Alto Networks, CrowdStrike, and Fortinet are highlighted as the top cybersecurity stocks to watch due to their strong trading volumes and growing demand for digital security solutions.
  • The cybersecurity market is anticipated to double, boosting interest in related investments, including an ETF that provides exposure to this sector.
  • Each of these companies offers a range of services including firewall solutions, endpoint protection, and threat intelligence, catering to the increasing need for robust cybersecurity measures.
  • MarketBeat previews the top five stocks to own by November 1st.

Palo Alto Networks, CrowdStrike, 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 manage digital security solutions—such as firewalls, antivirus software, encryption tools, and threat-detection services—to protect data and networks from cyberattacks. Investors buy these equities to gain exposure to a fast-growing niche driven by rising demand for robust online defense and regulatory compliance. 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

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