3 Top Cybersecurity Stocks to Buy in February
If there was ever an opportunistic time to warm up to cybersecurity stocks, it could be now. The three largest exchange-traded funds (ETFs) specializing in cybersecurity investments are all trading lower in recent months, down between 3% and 24% over the past year. The market has moved 14% higher in that time.
The world isn't getting any safer online. Demand continues to be strong, and there's plenty of that growth to go around. I believe that SentinelOne (NYSE: S), (NASDAQ: CRWD), and Palo Alto Networks (NASDAQ: PANW) are the top three cybersecurity stocks to buy this month. Let's take a closer look at three companies that are still posting double-digit top-line growth despite the market's recent lack of interest in playing along with cybersecurity ETFs.
With trailing revenue growth of 24%, SentinelOne is the fastest-growing player on this list over the past year. Surprisingly, it's also the cybersecurity stock fetching the lowest revenue multiple. With a cash-heavy balance sheet trimming its market cap of $4.5 billion to an enterprise value of $3.9 billion, you can buy SentinelOne at an enterprise value that is just 4 times trailing revenue. Compare that to CrowdStrike and Palo Alto Networks, which trade at trailing multiples of 21 and 11, respectively.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 128 Buy predictions and 2 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 447 € there is a positive potential of 30.7% for CrowdStrike Holdings Inc compared to the current price of 342.0 €.
