Top 5 Companies to Consider for Investing In Cyber Security Stocks
With the digitization trend of
every business, the need for cybersecurity has increased big time. This
industry is expected to show growth every month. With both software and
hardware utilization by the industry, it serves individuals, businesses,
government and other organizations.
This inclination has increased
the profits on cybersecuritystocks that are a huge investment opportunity if you are looking for
one.
Top Cybersecurity
Stocks Opportunities In The USA
Are you looking to invest in
stocks? Then consider investing in the cyber security industry. With the demand
for cybersecurity on the rise, you can earn big profits on your money.
The top companies to invest in
for cybersecurity stocks
for USA investors include:
·
NortonLifeLock Inc.
This cybersecurity company provides
top-notch services to protect home networks, devices and online privacy. The
performance on the stock market for this company can be summarized as:
For the 1st quarter
of FY 2021 that ends in July, this company will show promising growth even amid
this pandemic, the detail of the report goes as follows:
Ø 9% growth for year-over-year in consumer report billings
Ø 400,000 more consumers as compared to the previous number
last year for the same quarter
·
CACI International Inc.
If you are looking for a good
opportunity to invest in cybersecurity
stocks, then this might be the company to look for. The services of this
company include:
Ø Systems integration
Ø Reengineering
Ø E-commerce, etc
The company’s Domestic
Operation segment is utilized by many U.S Federal government agencies. The
International Operation services are utilized by several foreign governments
which shows promising profits on the investment.
·
Check Point Software Technologies Ltd.
This company provides both
software and hardware solutions for IT security. The services of this company
include network & gateway security, data & endpoint security and
solutions for management.
The stock market 2nd
quarter report for 2020 of this company shows:
Ø 4% YOY increase in revenue
Ø 5.4% increase in GAAP net income
The company has shown
promising growth during the pandemic of 2020, so if you want to invest in cybersecurity stocks, it
can be an effective choice.
·
Qualys Inc.
This company offers quality IT
security services. The services that you can get with this company include:
address vulnerability management, malware detection, web application security,
and policy compliance.
For the Q2 of 2020, the
company shows:
Ø 12.5%YOY increase in revenue
Ø 62.3% increase in net income
The trend of remote working
during the pandemic 2020, has resulted in fast growth in revenue for this
company.
·
Zscaler Inc.
This company is known to
provide great cloud-based web and mobile application security. This year, the
company has extended its services with a collaboration with other organization
under the name of VMware Inc. This action was taken to expand the services to
global enterprises.
Conclusion
To invest in cybersecurity stocks is an
optimistic opportunity for individuals and businesses who are looking to enter the
stock market. With current pandemic, many organizations have moved to remote
working that gave a boost to the industry of cybersecurity.
https://www.pixelettetech.com/cyber-security/
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