Best Cybersecurity Stocks to Watch Today – August 18th

As the threat landscape continues to evolve, demand for cybersecurity solutions is on the rise. MarketBeat's stock screener tool has identified seven top cybersecurity stocks to watch today, including Alphabet, Palo Alto Networks, Bullish, CrowdStrike, Fortinet, Dell Technologies, and Emerson Electric.

Alphabet Inc.

Alphabet, the parent company of Google, operates a diverse portfolio of products and platforms across various regions. The company's stock has traded down $1.13 during mid-day trading on Monday, reaching $202.77. With a market cap of over $2.45 trillion, Alphabet is one of the largest and most influential players in the cybersecurity space.

Palo Alto Networks Inc.

Palo Alto Networks provides cybersecurity solutions worldwide, offering firewall appliances and software, as well as subscription services covering various areas of security. The company's stock has traded down $1.95 during mid-day trading on Monday, reaching $175.15. With a market cap of over $116.79 billion, Palo Alto Networks is a leading provider of cybersecurity solutions.

Bullish Inc.

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. The company's stock has traded down $5.37 during mid-day trading on Monday, reaching $64.17. With a market cap of over $100 million, Bullish is a relatively new player in the cybersecurity space but shows promise.

CrowdStrike Holdings Inc.

CrowdStrike provides cybersecurity solutions in the United States and internationally, offering cloud-delivered protection for endpoints, cloud workloads, identity, and data. The company's stock has traded down $5.22 during trading on Monday, reaching $422.68. With a market cap of over $105.35 billion, CrowdStrike is one of the top players in the cybersecurity space.

Fortinet Inc.

Fortinet provides cybersecurity and convergence solutions worldwide, offering secure networking solutions and products such as FortiGate data centers, hyperscale, and distributed firewalls. The company's stock has traded up $0.99 during trading on Monday, reaching $80.10. With a market cap of over $61.38 billion, Fortinet is a leading provider of cybersecurity solutions.

Dell Technologies Inc.

Dell provides comprehensive and integrated solutions, products, and services across various industries, including cybersecurity. The company's stock has traded up $0.46 during trading on Monday, reaching $138.74. With a market cap of over $94.18 billion, Dell is one of the top players in the technology space.

Emerson Electric Co.

Emerson Electric provides various solutions for customers in industrial, commercial, and consumer markets across multiple regions. The company's stock has traded down $0.25 on Monday, reaching $131.50. With a market cap of over $74.01 billion, Emerson Electric is one of the largest players in the technology space.

Average Trading Volume

The average trading volume for these stocks varies, but they all have seen significant activity recently. Alphabet has traded 8,791,928 shares, while Palo Alto Networks has traded 5,634,333 shares. Bullish has traded 5,966,607 shares, CrowdStrike has traded 872,028 shares, Fortinet has traded 3,773,559 shares, Dell Technologies has traded 1,190,137 shares, and Emerson Electric has traded 970,359 shares.

Key Metrics

The key metrics for these stocks vary, but they all have strong fundamentals. Alphabet has a market cap of over $2.45 trillion, a P/E ratio of 21.57, and a beta of 1.01. Palo Alto Networks has a market cap of over $116.79 billion, a price-to-earnings ratio of 100.12, and a beta of 0.94.

Conclusion

The cybersecurity space is rapidly evolving, with demand for solutions on the rise. These seven stocks are among the top players in this space, offering a range of products and services to protect against digital threats. With their strong fundamentals and significant trading volumes, these stocks are worth watching closely as the market continues to shift.