Best Cybersecurity Stocks to Consider - May 17th
If you're looking for the latest insights into the best cybersecurity stocks, look no further! MarketBeat's stock screener tool has identified three top picks that are worth considering. In this article, we'll take a closer look at Alphabet Inc., Globant S.A., and CrowdStrike Holdings, Inc., and explore why they're making headlines in the world of cybersecurity.
Alphabet Inc. (GOOGL)
Alphabet Inc., the parent company of Google, is a leader in the tech industry when it comes to cybersecurity. With a wide range of products and platforms across various regions, Alphabet offers a robust security solution for businesses and governments alike.
Shares of Alphabet stock traded up $2.23 during trading on Friday, hitting $166.19. The stock had a trading volume of 42,579,974 shares, compared to its average volume of 29,063,600. With a current ratio of 1.84, a quick ratio of 1.84, and a debt-to-equity ratio of 0.03, Alphabet has demonstrated its financial stability and ability to weather economic downturns.
The company's market cap is a staggering $2.02 trillion, with a price-to-earnings ratio of 20.64. While the stock has had its ups and downs in recent times, Alphabet's commitment to innovation and security makes it an attractive investment opportunity for those looking to tap into the growing demand for cybersecurity solutions.
Globant S.A.
Globant S.A., a technology services company, offers a range of digital solutions that cater to businesses across various industries. From cloud technologies to cybersecurity and data analytics, Globant has positioned itself as a leader in the tech space.
Shares of Globant stock traded down $32.27 during midday trading on Friday, hitting $100.58. The company's market cap is $4.43 billion, with a P/E ratio of 27.04 and a PEG ratio of 2.38. While the stock has experienced some volatility in recent times, Globant's commitment to innovation and customer satisfaction has helped maintain its reputation as a trusted player in the tech industry.
The company's 50-day moving average price is $118.69, with a two-hundred day moving average price of $177.42. With a current ratio of 1.86 and a quick ratio of 1.86, Globant has demonstrated its ability to manage its cash flow effectively.
CrowdStrike Holdings, Inc. (CRWD)
CrowdStrike Holdings, Inc., a cybersecurity solutions provider, offers a unified platform that protects endpoints, cloud workloads, identity, and data. With a strong focus on innovation and customer satisfaction, CrowdStrike has established itself as a leader in the cybersecurity space.
Shares of CrowdStrike stock traded up $7.42 during midday trading on Friday, hitting $439.26. The company's market cap is $108.88 billion, with a price-to-earnings ratio of 861.31 and a PEG ratio of 17.86. With a current ratio of 1.86 and a quick ratio of 1.86, CrowdStrike has demonstrated its ability to manage its cash flow effectively.
The company's fifty day moving average price is $385.84, with a two-hundred day moving average price of $374.26. While the stock has experienced some volatility in recent times, CrowdStrike's commitment to innovation and customer satisfaction has helped maintain its reputation as a trusted player in the cybersecurity industry.
Conclusion
In conclusion, Alphabet Inc., Globant S.A., and CrowdStrike Holdings, Inc. are three top picks from MarketBeat's stock screener tool that are worth considering for investors looking to tap into the growing demand for cybersecurity solutions. Each company has demonstrated its financial stability, commitment to innovation, and ability to manage its cash flow effectively.