Cybersecurity Stocks to Watch: MarketBeat's Top Picks for August 23rd

As the demand for digital security solutions continues to grow, investors are looking to cybersecurity stocks as a way to tap into this trend. In our latest stock screener tool, we've identified seven top picks that are worth keeping an eye on. These companies offer a range of products and services designed to protect data, networks, and systems from cyber threats such as hacking, malware, and data breaches.

Alphabet Inc. (GOOGL)

Alphabet Inc., the parent company of Google, offers a range of products and platforms across the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The Google Services segment provides products and services such as ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. With Alphabet's strong brand recognition and extensive reach, this stock is definitely worth considering for those looking to get exposure to the growing demand for digital security solutions.

Palo Alto Networks, Inc. (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide, offering firewall appliances and software as well as a security management solution for the global control of network security platforms. The company's subscription services cover areas such as 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. With its strong focus on network security, Palo Alto Networks is a top pick for those looking to protect their digital assets.

CrowdStrike Holdings, Inc. (CRWD)

CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally, offering a unified platform that delivers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company's corporate endpoint and cloud workload security services are highly sought after by businesses looking to protect their digital assets from cyber threats. With its innovative approach to cybersecurity, CrowdStrike is definitely worth considering for those looking to stay ahead of the curve.

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. The company's objective is to provide mission-critical products and services that help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology. With its focus on the growing digital asset market, Bullish is a top pick for those looking to tap into this trend.

Dell Technologies Inc. (DELL)

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 operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). With its broad range of IT solutions, Dell Technologies is a top pick for those looking to protect their digital assets from cyber threats.

Fortinet, Inc. (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide, offering secure networking solutions that focus on the convergence of networking and security; network firewall solutions; wireless LAN solutions; and secure connectivity solutions. The company's products are highly sought after by businesses looking to protect their digital assets from cyber threats. With its strong focus on networking and security, Fortinet is a top pick for those looking to stay ahead of the curve.

Emerson Electric Co. (EMR)

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 operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity. With its broad range of products and services, Emerson Electric is a top pick for those looking to protect their digital assets from cyber threats.

Conclusion

In conclusion, these seven cybersecurity stocks are definitely worth keeping an eye on as the demand for digital security solutions continues to grow. From Alphabet's strong brand recognition to Fortinet's focus on networking and security, each of these companies offers a unique approach to protecting digital assets from cyber threats. Whether you're looking to tap into the growing digital asset market or protect your business from cyber threats, these stocks are definitely worth considering.