3 cybersecurity stocks for a safe future

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3 cybersecurity stocks for a safe future

 3 cybersecurity stocks for a safe future
Image source: RoBird,Shutterstock


  • Check Point (NASDAQ: CHKP) has a P/E ratio of 20.56.
  • CrowdStrike (NASDAQ: CRWD) gave 24.18% return YTD.
  • Cisco Systems’ (NASDAQ: CSCO) current dividend yield is 2.75%.

Cybersecurity has become a necessity for governments and the corporate world with official data, and people's private information is constantly under threat of stealing from hackers.

As such, cybersecurity firms provide solutions to keep your official, and personal electronic data secure from theft or damage. Here, we discuss three cybersecurity stocks for a safe future.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) provides solutions for protection against cyberattacks. CHECK has a market capitalization of US$16.6 billion and a P/E ratio of 20.56. This Israel-based company was founded in 1993, and its IPO came in 1996.

Its Q1 2021 revenue was US$508 million, up 4% YoY. Its GAAP net income was US$183 million, a 2% increase YoY, and the earnings per share diluted were US$1.33, an 8% increase YoY.  

Its Q2 results will be out on July 26. The stock was trading at US$125.40, up 0.34%, at 8:07 am ET on July 23, 2021.

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Source: Pixabay

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CrowdStrike Holdings, Inc. (NASDAQ: CRWD) provides cybersecurity solutions and is specialized in endpoint security, attack remediation and threat intelligence and hunting.

This Sunnyvale, California, headquartered company's market capitalization is US$ 59.4 billion. It was founded in 2011 and IPO was launched in 2019.

The company’s revenue for the April quarter of 2021 was US$ 302.8 million, and a net loss of US$ 85.05 million attributable to the company, a 70% & 342% increase YoY. Its 75% of revenue came from channel partners, and 25% came from direct customers. 

CRWD’s revenue contribution from the U.S. was (73%), EMEA (14%), Asia Pacific (10%) and others (3%) in the April quarter. 

It is trading at US$ 263.70, up 0.25% as of July 23, 2021, at 8:51, am ET in pre-market.

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Cisco Systems, Inc. (DE) (NASDAQ: CSCO) provides hardware and software within the networking solution sector. Its security segments include firewall and software-defined security products. The company was founded in 1984, and it went public in 1990.

It has a market capitalization of US$230.26 billion and a P/E ratio of 22.63. Cisco’s current dividend yield is 2.75%. The stock gave 21.88% year-to-date.

Cisco’s revenue for the quarter ended May 1, 2021, was US$ 12.8 billion, a 7% increase YoY. The net income was US$ 2.86 billion, a 3% growth YOY. Its earnings per share diluted were US$ 0.68 compared to US$ 0.65 for the same quarter of 2020.

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The company’s geographic segments include the Americas, EMEA), Asia Pacific, Japan, and China. Revenue contribution was from America (57%), EMEA (27%) and the Asia Pacific, Japan, and China (16%). 

It is trading at US$ 54.70, up 0.29% as of July 23, 2021, at 8;53 am ET in pre-market.

Please note: The above constitutes a preliminary view and any interest in stocks/cryptocurrencies should be evaluated further from an investment point of view.

The reference data in this article has been partly sourced from Refinitiv.


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