The Growth Market for Cybersecurity
The market for digital security solutions is experiencing rapid growth, which prompts long-term oriented investors to take notice. Here are three cybersecurity stocks that strategists see potential in:
CrowdStrike Holdings Inc.
- Exchange: NASDAQ
- ISIN: US22788C1053
- Highlights: CrowdStrike is known for its cloud-based endpoint security solutions. The company has made a name for itself with innovative technologies like Falcon, a platform for detecting and combating cyber threats. BTIG analyst Gray Powell recently raised the price target for CrowdStrike, indicating expected growth.
Check Point Software
- Exchange: NASDAQ
- ISIN: IL0010824113
- Highlights: Check Point is an established provider of network security solutions and offers a wide range of products to protect corporate networks. The company is known for its firewalls and VPN solutions, which are used in many companies worldwide. Check Point benefits from the increasing demand for comprehensive security solutions.
Cyberark Software LTD
- Exchange: NASDAQ
- ISIN: IL0011334468
- Highlights: Cyberark specializes in Privileged Access Management (PAM), meaning they offer solutions for managing and securing privileged access. These solutions are critical in preventing insider threats and attacks from intruders. Cyberark is a leader in many industries and offers investors strong growth potential in a rapidly evolving market.
These stocks are particularly interesting for long-term oriented investors as they operate in a market that is continually growing due to increasing digitization and rising threat levels.