Better Cybersecurity Stock: BlackBerry vs. CrowdStrike
BlackBerry (NYSE: BB) and CrowdStrike (NASDAQ: CRWD) represent two very different ways to invest in the cybersecurity market. BlackBerry reinvented itself as an enterprise-oriented cybersecurity company after retreating from the smartphone market. That transformation accelerated significantly through its acquisition of Cylance in 2019.
CrowdStrike has been disrupting traditional cybersecurity companies with its cloud-native Falcon platform. Instead of installing on-site appliances, which can be expensive and difficult to scale as an organization expands, CrowdStrike only provides cloud-based services. BlackBerry's Cylance runs on a hybrid mix of on-site appliances and cloud-based services, so it isn't considered a direct competitor to CrowdStrike.
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Source Fool.com
