Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!
SHARE
Cybersecurity actions have not been immune to the recent market sale, opening up attractive entry points for some of the best space companies. Meanwhile, cyber attacks do not disappear and become more frequent and sophisticated. As such, these are the types of stocks you can buy and keep for a long time.
Let’s look at three cybersecurity actions that you may want to buy now and keep long-term.
Although known for its new generation firewalls, Palo Alto networks(Nasdaq: Panw) turned into more cybersecurity business.
Seeing customers become frustrated using disparate ad hoc cybersecurity solutions, the company made a daring move last year when it introduced a new “platform” strategy. In this strategy, he stopped selling new occasional solutions and began to consolidate customers on one of his three main cybersecurity platforms.
To encourage customers to do so, he decided to allow customers to use some of his services for free when they had contracts in place with other cybersecurity companies for similar services. At the time, he said it was the equivalent of giving customers about six months of free product capacity.
So far, the strategy seems to work. He finished the last quarter with 1,150 platform in his 5,000 best customers, most of whom are on his network security platform. He also noted that customers using two of its platforms increased by 50%, while it tripped the number of customers using its three platforms. Its two more recent platforms are its complete detection and response solution Cortex and safety solution for the Cloud Cloud Cloud. Its objective is to have between 2,500 and 3,500 platform customers by the 2030 exercise.
Overall, the Palo Alto platform strategy is the right one and should help supply long-term stock.
Image source: Getty Images.
Cowsterrike(Nasdaq: CRWD) is the leader in final points security with its Falcon platform. Endpoint Security protects devices connected to a network – such as smartphones, laptops and servers – malware.
The company benefits from the trend in the space of organizations that seek to consolidate their cybersecurity on a single platform with a single supplier. This leads customers to continue to adopt more of their modules. In fact, 67% of Crowdstrike customers deploy five or more of its modules, while 21% use eight or more.
Customers are also attracted to the Falcon Flex solution of the company, which is a flexible license and supply model that facilitates access to the full cybersecurity portfolio of Crowstrike. With Falcon Flex, customers can quickly deploy the crowdsstrike solution they need if necessary. This gives customers greater flexibility when they treat cybersecurity threats while allowing them to better manage their cybersecurity expenses.
While Crowdsstrike saw its growth in slow income following a well -published breakdown last year, customer loyalty remains solid. Meanwhile, he should see a boost as client engagement packages (which consisted of additional flexible modules) that he gave to the customers affected later this year.
As a space leader, crowdstrike stock should be a long -term winner.
Like Crowdsstrike, Sentinel (Nyse: s) is a final cybersecurity company. Its singularity platform uses Artificial Intelligence (AI) and automatic learning to analyze behavior and detect and eliminate threats in real time. He is also able to automatically restore all the changes of a point in time before a cybersecurity attack occurs.
The company increased its income quickly, including 29% in the last quarter, although it is barely profitable on an adjusted BPA basis, as it continues to focus on profitability growth. Based on the sale prices (p / s) in the long term, the action is very cheap for the type of growth in income it generates, negotiating about 5.7 times multiple. It is half the multiple of Palo Alto and a third of crowdsstrike.
Meanwhile, it should be noted that the Wiz red heated cybersecurity company, which has just acquired by Alphabet, I tried to buy Sentinelone in 2023 to merge companies. This testifies to the value that Wiz has seen in Sentinelone technology.
Meanwhile, Sentinelone has a great opportunity in the rear half of this year when an agreement with Lenovo comes into play. The supplier of Personal Computers (PC) will pre-install the Sentinelone singularity platform on all the new PCs it sells while giving existing users the possibility of upgrading their safety to the platform. He will also create a new detection and response service managed (MDR) using AI and EDR capacities (detection and response and response) based on the singularity platform.
Lenovo is the largest business pc supplier in the world, selling 61.8 million PCs last year. As such, it is a huge potential growth engine and a catalyst for a company the size of Sentinelona.
Have you ever had the impression of having missed the boat to buy the most successful actions? So you will want to hear this.
On rare occasions, our team of analysts experts issues a The “Double Down” stock Recommendation for the companies they think are about to burst. If you are afraid, you have already missed your chance to invest, it’s the best time to buy before it is too late. And the figures speak for themselves:
NVIDIA:If you have invested $ 1,000 when we doubled in 2009,You would have $ 285,647! *
Apple: If you have invested $ 1,000 when we doubled in 2008, You would have $ 42,315! *
Netflix: If you have invested $ 1,000 when we doubled in 2004, You would have $ 500,667! *
Currently, we are issuing “double” alerts for three incredible companies, and there may be no luck like this as soon as it is.
Suzanne Frey, director of Alphabet, is a member of the board of directors of Motley Fool’s. Geoffrey Seiler has positions in the alphabet and the sentry. The Motley Fool has positions and recommends the alphabet and crowdsstrike. The Motley Fool recommends the Palo Alto networks. The Word’s madman has a Disclosure policy.
