Best Cybersecurity Stocks To Add to Your Watchlist – August 22nd
As the digital landscape continues to evolve at an unprecedented rate, cybersecurity has become a top priority for organizations worldwide. According to MarketBeat's stock screener tool, three cybersecurity stocks are worth watching today: Alphabet Inc., Palo Alto Networks, and CrowdStrike Holdings, Inc. These companies have seen significant dollar trading volume in recent days, making them attractive additions to any investor's watchlist.
Alphabet Inc. (GOOGL)
Alphabet Inc., the parent company of Google, is a leader in cybersecurity solutions that are used across various geographies, including the United States, Europe, the Middle East, Africa, Asia-Pacific, Canada, and Latin America. The company operates through three main segments: Google Services, Google Cloud, and Other Bets.
Under the Google Services segment, Alphabet offers a range of products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. These offerings provide businesses with robust cybersecurity solutions to protect their digital assets from cyber threats.
Palo Alto Networks, Inc. (PANW)
Palo Alto Networks, Inc. is a renowned provider of cybersecurity solutions that offer comprehensive protection for networks and endpoints worldwide. The company's firewall appliances and software provide a robust security perimeter to prevent malicious activity.
Additionally, Palo Alto Networks offers Panorama, a security management solution that allows organizations to manage their network security platform from either a virtual or physical appliance. This makes it easier for businesses to maintain visibility and control over their cybersecurity posture.
The company also provides subscription services covering various areas of threat prevention, malware detection, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline. Furthermore, Palo Alto Networks offers advanced threat intelligence and data loss prevention capabilities to help organizations stay ahead of emerging threats.
CrowdStrike Holdings, Inc. (CRWD)
CrowdStrike Holdings, Inc. is a pioneer in cybersecurity solutions that provide cloud-delivered protection for endpoints, cloud workloads, identity, and data worldwide. The company's unified platform offers comprehensive security capabilities to safeguard against a wide range of threats.
CrowdStrike provides 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. This makes it an attractive option for organizations looking to bolster their cybersecurity defenses.
Investing in Cybersecurity Stocks
Cybersecurity stocks offer investors a way to gain exposure to the growing demand for security solutions as organizations increasingly prioritize defense against hacking, malware, and data breaches. By adding these companies to your watchlist, you can stay ahead of emerging threats and capitalize on the increasing importance of cybersecurity in the digital age.
Additional Resources
Want more great investing ideas? Check out our latest research reports on 10 Stocks to Sell NOW!, 3 Stocks to DOUBLE This Year, The 10 Best Stocks to Own in 2023, and 7 Stocks to Buy and Hold Forever. Read our latest report for more insights into the world of cybersecurity stocks.