Some are buying laptops with preinstalled security software. Coronavirus Shakes Up CybersecurityĪs remote workers access company data via the internet, many businesses are setting up virtual private networks, or VPNs. SailPoint, an identity management software maker, reported adjusted earnings of 15 cents, swinging to a profit from a 1-cent loss a year earlier. Many software companies are using artificial intelligence to get a competitive edge.Īt its recent Fal.Con 2020 virtual user conference, CrowdStrike announced plans to expand from endpoint security into protecting cloud workloads. Zscaler is the biggest provider of cloud-based web security gateways that inspect customers’ data traffic for malware.ĬrowdStrike uses machine learning and a specialized database to detect malware on laptops, mobile phones and other devices that access corporate networks. Zscaler (ZS), CrowdStrike Holdings (CRWD), SailPoint Technology (SAIL) and Okta (OKTA) hold the highest RS Ratings of cybersecurity stocks.Īccording to IBD Stock Checkup, Zscaler (ZS) holds a RS Rating of 97 out of a possible 99. Recommended AI News: Fullstack Academy And The University Of Illinois Chicago Team Together To Help Professionals Enter Growing Tech Industry Cybersecurity Stocks: Relative Strength RatingsĪlso, one key IBD technical measure for cybersecurity stocks are Relative Strength Ratings. Palo Alto recently acquired the Crypsis Group. It aims to build a cloud-based security platform. Palo Alto has been on an acquisition spree. Palo Alto Networks (PANW) has dropped out of the listing. 28 in the IBD 50 roster of fast-growing companies. 45 out of 197 industry groups that Investor’s Business Daily tracks.įortinet (FTNT) ranks No. In addition, add weekly Print edition to prepare for your weekend.Meanwhile, the Computer-Software Security group ranks No. IBD Digital: Get access to only client stock lists and market analysis. Receive timely buy and sell alerts with IBD Leaderboardsįind the Best Long-Term Investments with IBD Long-Term Leaders Profit from short term trends with Swing Trader MarketSmith’s Tools Can Help the Individual Investor Join IBD Live and learn top chart-reading and trading techniques from the pros Stocks to buy and watch: Top IPOs, Large and Small Cap, Growth Stocks Something went wrong! please contact customer service X Thank you! You will now receive the IBD newsletter Get these newsletters delivered to your inbox and find out more about our products and services. IBD newsletters Receive exclusive IBD analysis and actionable news daily. netscout system (NTCT) and Pragati Software (PRGS) is also among the highest rated stocks of the group. 8 rank among its peers in the computer software-database industry group. Now let’s see if the stock forms a pattern with proper buy point and heavy volume.Įarnings increased 74% last quarter, up from 0% in the prior report. See How IBD Helps You Make More Money in StocksĪlthough this is currently not an ideal time to invest in Splunk based on the chart, the stock has crossed its 200 day MA with six straight days. Decades of market research shows that the biggest winners of the market have an RS rating of 80 or better in the early stages of the move.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |