Services encompass a greater portion of the business, making up 66% of revenue last quarter. Investopedia requires writers to use primary sources to support their work. The company isn't resting on its laurels, either. Cybersecurity stocks are in the spotlight in 2020. This has fundamentally changed the way we live and the way we work. 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 9 Best Cybersecurity Stocks to Buy The cybersecurity industry is booming. Cybersecurity and other tech stocks have fluctuated in 2020. The Best Credit Cards Of 2020. Another legacy cybersecurity company transitioning to the new environment is Fortinet (NASDAQ:FTNT). Cybersecurity stocks are in the spotlight in 2020. These are the cybersecurity stocks that had the highest total return over the last 12 months. 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%. Rising earnings show that a company’s business is growing and is generating more money that it can reinvest or return to shareholders. We also reference original research from other reputable publishers where appropriate. Though the endpoint segment is fragmented, CrowdStrike's unique AI and cloud-based Falcon platform appears to be a disruptive solution. The Best Cybersecurity Stock Now Is Flying Under the Radar There is a stealth cybersecurity stock that no one thinks of today, but it could become a big winner. NortonLifeLock Inc. "NortonLifeLock Delivers Strong Growth in Q1 Fiscal 2021." Businesses in the cybersecurity industry utilize both software and hardware to ensure that computing devices and data are not misused. Of course, some legacy cybersecurity providers have made the transition from hardware and on-premises solutions to cloud and software solutions more seamlessly than others. See you at the top! Accessed Sept. 30, 2020. ... released its second-quarter fiscal year 2020 results on February 20, 2020. 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.. Although prices have gone up and down, the cybersecurity sector still offers plenty of potential. 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. However, with great opportunity comes great competition. 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. Economic inequality refers to the disparities in income and wealth among individuals in a society. The 7 Best Cheap Stocks to Buy for December Trailing P/E and P/B ratios are 28.48 and 5.11. Chart Courtesy of www.StockCharts.com. Here's what to look for in the best cybersecurity funds. Image source: Getty Images. Cloudflare Inc. "Cloudflare Launches Radar, Sharing the Latest Internet Trends with the World in One Interactive Public Tool." 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. 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. 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. 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. 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. Background. 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. 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. ... One of the biggest trends in the global economy in 2020 has been the digitization of many businesses. Its numbers look fairly similar to Palo Alto, with 18% revenue growth last quarter and a 35% free cash flow margin. 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. Cybersecurity stocks are up 24% this year, nearly five times the gain of the S&P 500. 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 … ... Growth Stocks. Accessed Sept. 30, 2020. Here are the top 3 cybersecurity stocks with the best value, fastest growth, and most momentum for Q4 2020. That's why you should stick to these best-of-breed cyber-stocks for consideration in your portfolio. Investing in cybersecurity ETFs can be a smart way to profit from the growing threat of cybercrime, such as cyberattacks, data breaches, and extortion. 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. 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 … The coronavirus selloff will level the playing field for cybersecurity stocks. While not a 100% cybersecurity company since it offers other IT products and services besides cybersecurity, its cybersecurity future is bright. 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. Preparing for the New Normal: Best Cyber Security Stocks and ETFs in 2020. by TheMetaReview Posted on June 8, 2020 August 28, 2020. The Consumer Financial Protection Bureau is a regulatory agency charged with overseeing financial products and services that are offered to consumers. Market data powered by FactSet and Web Financial Group. 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. Accessed Sept. 30, 2020. 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. Top Cybersecurity Stocks To Watch In The Remainder Of 2020 As the coronavirus pandemic continues to ravage the world, people are stuck at home. 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. That's a really high growth rate for an entire industry, making it one of the most intriguing for investors over the next decade. 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. Here are the top 3 cybersecurity stocks with the best value, fastest growth, and most momentum for Q4 2020. Best Growth Stocks for December 2020. Qualys Inc. "Qualys Announces Second Quarter 2020 Financial Results." Alphabet Inc. (GOOGL) Zscaler Inc. "Zscaler Extends Strategic Partnership with VMware to Accelerate Secure Digital Transformation." "YCharts." 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. CrowdStrike just scooped up private security firm Preempt Security for $96 million to enter the identity security market. Accessed Sept. 30, 2020. TRENDING 1. 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. … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. As if cybercrime wasn't already a big enough problem, the COVID-19 pandemic has accelerated attacks. You can learn more about the standards we follow in producing accurate, unbiased content in our. For many companies, focusing on near-term survival is the only agenda on their list. Endpoint security has become even more critical amid COVID-19, as every employee laptop and mobile device has also become an "endpoint." Accessed Sept. 30, 2020. Since the coronavirus-led market sell-off in March, CrowdStrike Holdings Inc. (CRWD Stock Report) stock price has gone up nearly 180%. Blockchain exchange-traded funds (ETFs) facilitate real-time trading on a basket of blockchain-based stocks. Note that the companies on our list are primarily pure-play cybersecurity … 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. 10 Best Cybersecurity Stocks to Buy: Zscaler. 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. Check Point Software Technologies Ltd. "Check Point Software Technologies Reports 2020 Second Quarter Financial Results." 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. The offers that appear in this table are from partnerships from which Investopedia receives compensation. 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. 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). 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'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. Valuation metrics tend to be high in the sector and the industry is a cyclical one. Also like Palo Alto, Fortinet's newer services revenue is growing faster than legacy product revenue. These include white papers, government data, original reporting, and interviews with industry experts. One that has done an exceptionally good job is Palo Alto Networks (NYSE:PANW). 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 … Let's conquer your financial goals together...faster. These are the cybersecurity stocks with the highest year-over-year (YOY) earnings per share (EPS) growth for the most recent quarter. 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. 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. Stock Advisor launched in February of 2002. That's why you should stick to these best-of-breed cyber-stocks for consideration in your portfolio. YCharts. These are the cybersecurity stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. See the Best Credit Cards for 2020. [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.] Image source: Getty Images. 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. It will likely take the broader market a long time to recover from the volatility of this year. Even more encouraging, billings growth accelerated last quarter by 32%. Customer relationship management (CRM) is a reference to how companies, especially technology firms, interact directly with their customers. 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 level of billings, which includes new business to be recognized in future periods, indicates future revenue will be strong. 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. 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. 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