Top 5 Best Cybersecurity Stocks for Investing in 2021
Are you a savvy investor looking for ways to diversify your portfolio? One industry that continues to show promise is cybersecurity, as the digital world becomes more integral to many aspects of our lives. With the rise in cyber threats and data breaches, companies that specialize in providing top-notch cybersecurity solutions are becoming increasingly important. In this article, we will discuss the top 5 best cybersecurity stocks for investing in 2021.
1. Fortinet (FTNT)
Fortinet is a multinational cybersecurity company that provides solutions for network, endpoint, application, and cloud security. With businesses increasingly moving their operations to the cloud, Fortinet’s cloud security solutions are particularly attractive to investors. The company has shown consistent growth in revenue and earnings, and its stock value has been steadily increasing. Its solid financials, along with a well-diversified portfolio of products and services, make it a top cybersecurity stock for 2021.
2. Palo Alto Networks (PANW)
Palo Alto Networks is a leading cybersecurity company that specializes in providing advanced firewall and cloud security solutions. The company has a strong customer base of more than 70,000 organizations, including numerous Fortune 500 companies. With the increasing prevalence of cloud-based services, Palo Alto Networks’ cloud security offerings are in high demand. The company has shown strong revenue growth, and its stock value has been on an upward trend, making it another top cybersecurity stock to consider in 2021.
3. CrowdStrike Holdings (CRWD)
CrowdStrike Holdings offers cloud-based security solutions for endpoint protection, threat intelligence, and incident response. The company’s solutions have gained popularity in recent years, particularly among businesses looking for cloud-based security solutions. It has seen impressive growth in revenue and earnings, and its stock value has soared since its IPO in 2019. With the growing importance of cybersecurity, CrowdStrike is poised to continue its strong performance in 2021.
4. Zscaler (ZS)
Zscaler is a cloud-based cybersecurity company that provides web and cloud security solutions, with a particular focus on secure access service edge (SASE) technology. The company’s solutions have gained popularity among businesses looking for cloud-based security solutions that are easy to deploy and manage. Zscaler has shown impressive growth in revenue and earnings, and its stock value has been skyrocketing. With the growing demand for cloud-based security solutions, Zscaler is a top cybersecurity stock to consider in 2021.
5. CyberArk Software (CYBR)
CyberArk Software specializes in privileged access management solutions, which help organizations to protect against cyber attacks that exploit privileged access. The company has a solid track record of growth in revenue and earnings, and its stock value has been on a steady rise. With the increasing importance of privileged access management in cybersecurity, CyberArk Software is positioned for strong growth in 2021 and beyond.
Conclusion
As the world becomes increasingly digitized, cybersecurity has become a crucial concern for businesses and individuals alike. Investing in cybersecurity stocks is a smart way to diversify your portfolio and benefit from this growing industry. The top 5 best cybersecurity stocks for investing in 2021 are Fortinet, Palo Alto Networks, CrowdStrike Holdings, Zscaler, and CyberArk Software. Make sure to do your research before making any investment decisions and consult with a financial professional if needed.
