Cloudflare Inc. "Cloudflare Launches Radar, Sharing the Latest Internet Trends with the World in One Interactive Public Tool." 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). Also like Palo Alto, Fortinet's newer services revenue is growing faster than legacy product revenue. See the Best Credit Cards for 2020. Its numbers look fairly similar to Palo Alto, with 18% revenue growth last quarter and a 35% free cash flow margin. The company isn't resting on its laurels, either. 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 … Businesses in the cybersecurity industry utilize both software and hardware to ensure that computing devices and data are not misused. Here's what to look for in the best cybersecurity funds. While not a 100% cybersecurity company since it offers other IT products and services besides cybersecurity, its cybersecurity future is bright. Cybersecurity stocks are in the spotlight in 2020. Cybersecurity stocks are up 24% this year, nearly five times the gain of the S&P 500. CIBR has provided 1-year trailing total returns of 29.8% as compared with 15.7% for the Russell 1000. These market performance data and all statistics below are as of September 29, 2020. You can learn more about the standards we follow in producing accurate, unbiased content in our. 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. 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. These include white papers, government data, original reporting, and interviews with industry experts. However, with great opportunity comes great competition. Check Point Software Technologies Ltd. "Check Point Software Technologies Reports 2020 Second Quarter Financial Results." 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. Best Growth Stocks for December 2020. 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. Preparing for the New Normal: Best Cyber Security Stocks and ETFs in 2020. by TheMetaReview Posted on June 8, 2020 August 28, 2020. Economic inequality refers to the disparities in income and wealth among individuals in a society. The year 2019 has been a good year overall for the cybersecurity industry as a number of cyber-attacks and data breaches plus the consequences of old violations kept the stocks rallying throughout. 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. The Best Credit Cards Of 2020. Cybersecurity and other tech stocks have fluctuated in 2020. Cybersecurity companies provide services to protect electronic information from theft or damage. Qualys Inc. "Qualys Announces Second Quarter 2020 Financial Results." "YCharts." CrowdStrike Shares of this cybersecurity giant were cut in half and offer some tremendous value. 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. 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. … NortonLifeLock Inc. "NortonLifeLock Delivers Strong Growth in Q1 Fiscal 2021." The 7 Best Cheap Stocks to Buy for December Trailing P/E and P/B ratios are 28.48 and 5.11. 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%. ... released its second-quarter fiscal year 2020 results on February 20, 2020. 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. Cloud computing is a model for delivering information technology services where resources are retrieved from the internet through web-based tools. Cybersecurity stocks are in the spotlight in 2020. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Returns as of 12/08/2020. Accessed Sept. 30, 2020. Investing in cybersecurity ETFs can be a smart way to profit from the growing threat of cybercrime, such as cyberattacks, data breaches, and extortion. These are the cybersecurity stocks with the highest year-over-year (YOY) earnings per share (EPS) growth for the most recent quarter. Top 30 BEST Cyber Security Companies In 2020 (Small to Enterprise Level Firms) Last Updated: November 13, 2020 An In-Depth Look at the Top leading and largest Cyber Security Companies and Venture Firms with Detailed Comparison: 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. CrowdStrike just scooped up private security firm Preempt Security for $96 million to enter the identity security market. 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. 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