best cybersecurity stocks 2020

Customer relationship management (CRM) is a reference to how companies, especially technology firms, interact directly with their customers. Also like Palo Alto, Fortinet's newer services revenue is growing faster than legacy product revenue. The industry serves a broad array of customers including individuals, businesses, and government, among others. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. To find good ideas for cybersecurity stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Investing in cybersecurity ETFs can be a smart way to profit from the growing threat of cybercrime, such as cyberattacks, data breaches, and extortion. Though the endpoint segment is fragmented, CrowdStrike's unique AI and cloud-based Falcon platform appears to be a disruptive solution. Through a disciplined organic and inorganic strategy, Palo Alto has built up a high-growth "next-gen" security portfolio, consisting of its Cortex AI threat management detection and Prisma cloud-based products. Cybersecurity stocks are up 24% this year, nearly five times the gain of the S&P 500. A quarter is a three-month period on a company's financial calendar that acts as a basis for the reporting of earnings and the paying of dividends. Cloudflare's revenue grew at a 50% compound annual growth rate in the four-year period spanning from 2016 through 2019, and the business has continued to post strong sales gains in 2020. YCharts. Even more encouraging, billings growth accelerated last quarter by 32%. Check Point Software Technologies Ltd. "Check Point Software Technologies Reports 2020 Second Quarter Financial Results." The 7 Best Cheap Stocks to Buy for December Trailing P/E and P/B ratios are 28.48 and 5.11. The best cybersecurity stocks are well-positioned in cloud computing services as the coronavirus emergency forces more employees to work ... At its recent Fal.Con 2020 … Chart Courtesy of www.StockCharts.com. TRENDING 1. Cybersecurity stocks are in the spotlight in 2020. Economic inequality refers to the disparities in income and wealth among individuals in a society. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar of profit generated. The cybersecurity industry as represented by the benchmark First Trust Nasdaq Cybersecurity ETF (CIBR) has significantly outperformed the broader market in the past 12 months. I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. These are the cybersecurity stocks that had the highest total return over the last 12 months. Although prices have gone up and down, the cybersecurity sector still offers plenty of potential. To be sure you should research these stocks for yourself. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. See you at the top! 9 Best Cybersecurity Stocks to Buy The cybersecurity industry is booming. The offers that appear in this table are from partnerships from which Investopedia receives compensation. These are the favorite cyclical stocks for 2021 from the best-performing analysts Published Wed, Dec 2 2020 12:28 PM EST Updated Wed, Dec 2 2020 3:02 PM EST Yun Li @YunLi626 After the technology sell-off in the month of September and into October, Palo Alto trades at under 25 times adjusted free cash flow, quite a reasonable price for a high-teens grower, making Palo Alto perhaps the best legacy cybersecurity pick today. Accessed Sept. 30, 2020. Investopedia requires writers to use primary sources to support their work. Image source: Getty Images. Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 Top Cybersecurity Stocks to Buy in October @themotleyfool #stocks $FTNT $PANW $CRWD, Fortinet Is My Favorite Cybersecurity Stock -- Here's Why I'm Buying More Shares Now, This High-Growth Cybersecurity Stock Is on Sale Right Now, Why Fortinet Shares Fell as Much as 9.5% On Friday, Fortinet Inc (FTNT) Q3 2020 Earnings Call Transcript, 3 Top Cloud Computing Stocks to Buy Right Now, Copyright, Trademark and Patent Information. Nov 05, 2020 (StockMarket.com via COMTEX) -- Top Cybersecurity Stocks To Watch In The Remainder Of 2020 As the coronavirus pandemic continues to ravage the … Zscaler (), a San Jose, California-based cloud security company, provides web security, firewalls, sandboxing, antivirus, and vulnerability management to enterprises.The company recently acquired Edgewise Network, which secures application-to-application communications for public clouds and … Image source: Getty Images. These are the cybersecurity stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Stock Advisor launched in February of 2002. Services encompass a greater portion of the business, making up 66% of revenue last quarter. Cloudflare Inc. "Cloudflare Launches Radar, Sharing the Latest Internet Trends with the World in One Interactive Public Tool." With a more distributed workforce and cloud computing on the rise, fast and secure networking is paramount, which means Fortinet should continue to deliver strong results in this new environment. This has fundamentally changed the way we live and the way we work. Since the coronavirus-led market sell-off in March, CrowdStrike Holdings Inc. (CRWD Stock Report) stock price has gone up nearly 180%. One that has done an exceptionally good job is Palo Alto Networks (NYSE:PANW). Last quarter, Fortinet grew services 21.6%, higher than the year-ago quarter's services growth of 20.7%, while product revenue grew just 18%. ... Growth Stocks. The following are the top ten cybersecurity companies to watch in 2020: Absolute – Absolute serves as the industry benchmark for endpoint resilience, visibility and control. Best Growth Stocks for December 2020. Valuation metrics tend to be high in the sector and the industry is a cyclical one. Top Cybersecurity Stocks To Watch In The Remainder Of 2020 As the coronavirus pandemic continues to ravage the world, people are stuck at home. Best Cybersecurity Stocks to Buy Now: 7 Best Buys for Your Retirement Portfolio in 2020 Cisco Systems, Inc. (CSCO) Of all our top cybersecurity stocks in our list, Cisco has the largest market capitalization at more than $200 billion.. Note that the companies on our list are primarily pure-play cybersecurity companies, while CIBR includes a wider variety of related stocks in its portfolio. When it comes to cybersecurity stocks, ... of related ETFs available to UK investors today but the main one is the Legal & General UCITS Cyber Security ETF. These are the cybersecurity stocks with the highest year-over-year (YOY) earnings per share (EPS) growth for the most recent quarter. When you invest in a cyber ETF, you get exposure to a basket of the top cybersecurity stocks in the U.S. and around the world. The company's leading SD-WAN product is also making up a bigger share of the pie, and Fortinet's solution was the fastest-growing in the industry during the first quarter. For many companies, focusing on near-term survival is the only agenda on their list. Rising earnings show that a company’s business is growing and is generating more money that it can reinvest or return to shareholders. The company isn't resting on its laurels, either. Blockchain exchange-traded funds (ETFs) facilitate real-time trading on a basket of blockchain-based stocks. These "next-gen" solutions have grown at a 97% average rate over the past three years, rocketing from just 8% of Palo Alto's billings two years ago to 20% as of last quarter. [Editor’s note: “4 Cybersecurity Stocks to Buy for Long-Term Gains” was previously published in February 2020.It has since been updated to include the most relevant information available.] Cybersecurity stocks are in the spotlight in 2020. It will likely take the broader market a long time to recover from the volatility of this year. You can learn more about the standards we follow in producing accurate, unbiased content in our. Returns as of 12/08/2020. That's a really high growth rate for an entire industry, making it one of the most intriguing for investors over the next decade. ... released its second-quarter fiscal year 2020 results on February 20, 2020. The Best Credit Cards Of 2020. Note that the companies on our list are primarily pure-play cybersecurity … Endpoint security has become even more critical amid COVID-19, as every employee laptop and mobile device has also become an "endpoint." Top 3 Fintech Stocks To Watch In 2020; 2 Video Games Stocks To Watch In June; Best Cybersecurity Stocks To Buy [Or Avoid]: CrowdStrike Holdings Inc. 10 Best Cybersecurity Stocks to Buy: Zscaler. Cybersecurity and other tech stocks have fluctuated in 2020. Businesses in the cybersecurity industry utilize both software and hardware to ensure that computing devices and data are not misused. ... One of the biggest trends in the global economy in 2020 has been the digitization of many businesses. While not a 100% cybersecurity company since it offers other IT products and services besides cybersecurity, its cybersecurity future is bright. Here are the top 3 cybersecurity stocks with the best value, fastest growth, and most momentum for Q4 2020. … CrowdStrike's unique offering in endpoint and eye on other parts of the security market should have legacy players on their toes, and the company looks like a disruptive force in the industry. That's why you should stick to these best-of-breed cyber-stocks for consideration in your portfolio. We expect the cyber security space to see a lot of success and big winners in 2020. Zscaler Inc. "Zscaler Extends Strategic Partnership with VMware to Accelerate Secure Digital Transformation." Look no further than CrowdStrike's 84% overall and 89% subscription growth rate last quarter as evidence its advanced solution is more critical to customers than ever. Some of the leading names in cybersecurity include Check Point Software Technologies Ltd. (CHKP) and NortonLifeLock Inc. (NLOK). See the Best Credit Cards for 2020. That higher-growth part of the business should buoy overall company growth this year after an impressive 18% growth in the past fiscal year, which ended in June. With more employees working from home and fewer people on site at central offices, the corporate border has frayed, making companies more vulnerable to various kinds of a cybercrimes. That was due to the company's FortiGate 4400F firewall product, which contains Fortinet's custom-designed NP7 network processor, offering a 13x speed boost over basic CPUs that power rival firewalls. That trajectory seems to indicate CrowdStrike could go on to lead this industry in the years ahead versus the mere 5.8% market share it held at the end of 2019. According to Grand View Research, the cybersecurity market reached $156.5 billion last year across hardware, software, and services, and is expected to grow at a 10% annual rate through 2027. Cybersecurity companies provide services to protect electronic information from theft or damage. Its numbers look fairly similar to Palo Alto, with 18% revenue growth last quarter and a 35% free cash flow margin. We also reference original research from other reputable publishers where appropriate. Cybersecurity Stocks with the Most Momentum, What Quarters (Q1, Q2, Q3, and Q4) Tell Us, Consumer Financial Protection Bureau (CFPB), Customer Relationship Management - CRM goes beyond just software, NortonLifeLock Delivers Strong Growth in Q1 Fiscal 2021, Check Point Software Technologies Reports 2020 Second Quarter Financial Results, Qualys Announces Second Quarter 2020 Financial Results, Zscaler Extends Strategic Partnership with VMware to Accelerate Secure Digital Transformation, Cloudflare Launches Radar, Sharing the Latest Internet Trends with the World in One Interactive Public Tool, Check Point Software Technologies Ltd. (CHKP), First Trust Nasdaq Cybersecurity ETF (CIBR). Accessed Sept. 30, 2020. "YCharts." However, with great opportunity comes great competition. CrowdStrike jumped from ninth place all the way to the fourth place in the endpoint security market last year, and the three leaders above it all lost market share. Cloud-based specialist CrowdStrike (NASDAQ:CRWD) is a potential disruptor in the endpoint protection segment of the cybersecurity market, which the company estimates at $12.8 billion and growing fast. As evidence of this, note CrowdStrike’s year-over-year growth in subscription customers: 176% for fiscal year 2018, 103% for FY 2019, 116% for FY 2020, and 105% for the first quarter of FY 2021. CrowdStrike Shares of this cybersecurity giant were cut in half and offer some tremendous value. Here are the top 3 cybersecurity stocks with the best value, fastest growth, and most momentum for Q4 2020. 10 Best Long Term Stocks To Buy Right Now In 2020 *It is important to note that all figures stated here were accurate as of May 27th, 2020, but may not be accurate at the time you are reading this. Accessed Sept. 30, 2020. Accessed Sept. 30, 2020. Accessed Sept. 30, 2020. These include white papers, government data, original reporting, and interviews with industry experts. 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