Promising Cybersecurity Stocks To Add to Your Watchlist – July 12th

As the threat landscape continues to evolve, cybersecurity stocks have become increasingly attractive to investors looking for growth opportunities in this high-growth sector. MarketBeat's stock screener tool has identified seven promising cybersecurity stocks that are worth watching.

Alphabet Inc.

Alphabet Inc., parent company of Google, is a leader in the cybersecurity space. The company offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America through its Google Services, Google Cloud, and Other Bets segments. Alphabet's stock traded up $2.57 during trading hours on Friday, reaching $180.19, with 34,243,157 shares exchanged compared to its average volume of 31,878,935.

The company has a quick ratio of 1.77, a current ratio of 1.77, and a debt-to-equity ratio of 0.03. Alphabet's 50-day simple moving average is $170.32, and its 200-day simple moving average is $173.46. The firm's market capitalization is $2.19 trillion, with a price-to-earnings ratio of 20.09, a PEG ratio of 1.25, and a beta of 1.00.

CrowdStrike Holdings, Inc.

CrowdStrike Holdings, Inc., provides cybersecurity solutions in the United States and internationally through its unified platform that offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company's stock traded down $8.66 during trading hours on Friday, reaching $478.45, with 3,377,761 shares exchanged compared to its average volume of 4,771,281.

CrowdStrike has a quick ratio of 1.85, a current ratio of 1.85, and a debt-to-equity ratio of 0.21. The firm's 50-day simple moving average is $470.20, and its 200-day simple moving average is $410.72. CrowdStrike's market capitalization is $119.25 billion, with a price-to-earnings ratio of -693.41 and a beta of 1.16.

Palo Alto Networks, Inc.

Palo Alto Networks, Inc., provides cybersecurity solutions worldwide through its firewall appliances and software, as well as Panorama, a security management solution for the global control of network security platform. The company's stock traded down $4.68 during trading hours on Friday, reaching $187.39, with 7,403,780 shares exchanged compared to its average volume of 5,412,170.

Palo Alto Networks has a firm's 50-day simple moving average of $195.04 and its 200-day simple moving average is $185.78. The company has a twelve month low of $142.01 and a twelve month high of $208.39. Palo Alto Networks' market capitalization is $124.95 billion, with a price-to-earnings ratio of 107.08, a PEG ratio of 5.36, and a beta of 0.97.

Dell Technologies Inc.

Dell Technologies Inc., designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company's stock traded down $1.01 on Friday, reaching $126.90, with 3,558,127 shares exchanged compared to its average volume of 8,612,370.

Dell Technologies has a market cap of $86.15 billion, a price-to-earnings ratio of 20.24, a PEG ratio of 1.18, and a beta of 1.02. The company has a 50-day moving average of $114.25 and a 200-day moving average of $105.69. Dell Technologies' one year low is $66.25, and its one year high is $142.32.

Fortinet Inc.

Fortinet Inc., provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company's stock traded down $1.14 on Friday, reaching $99.06, with 4,128,922 shares exchanged compared to its average volume of 4,876,859.

Fortinet has a market cap of $75.82 billion, a price-to-earnings ratio of 40.77, a PEG ratio of 3.46, and a beta of 1.06. The company has a 50-day moving average of $103.23 and a 200-day moving average of $100.97. Fortinet's debt-to-equity ratio is 0.25, with a current ratio of 1.36 and a quick ratio of 1.29.

Motorola Solutions, Inc.

Motorola Solutions, Inc., provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company's stock traded down $1.23 on Friday, reaching $416.50, with 720,333 shares exchanged compared to its average volume of 825,744.

Motorola Solutions has a market cap of $69.52 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.60, and a beta of 0.95. The company has a 50-day moving average of $416.32 and a 200-day moving average of $432.45. Motorola Solutions' one year low is $385.17, and its one year high is $507.82.

Emerson Electric Co.

Emerson Electric Co., a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. The company's stock traded down $0.60 on Friday, reaching $140.07, with 2,107,737 shares exchanged compared to its average volume of 3,007,220.

Emerson Electric has a market cap of $78.79 billion, a price-to-earnings ratio of 33.51, a PEG ratio of 2.73, and a beta of 1.29. The company has a debt-to-equity ratio of 0.42, with a current ratio of 0.80 and a quick ratio of 0.59. Emerson Electric's one year low is $90.06, and its one year high is $142.32.