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Top Cyber Security Stocks to buy in 2019
Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

The experts agree that cybersecurity is a crucial and rapidly growing market, with increasing government and corporate investments. The need for cybersecurity has intensified due to the shift towards remote work post-Covid. Check Point Software Tech has reported strong numbers and has restructured its businesses to tackle competition. Overall, the consensus is that the company is well-positioned in a high-growth sector.

Consensus
Positive
Valuation
Fair Value
Similar
Crowdstrike, 27
BUY

Cybersecurity has become such an important area. Governments around the world are looking as it. Huge investments in coming years at government and corporate levels. Strong secular growth. Need has increased because, since Covid, people no longer work in just one spot.

computer software / processing
BUY ON WEAKNESS

Likes this space (security), but his issue is its valuation. Tech is at highs now, so find a better entry level.

computer software / processing
PAST TOP PICK
(A Top Pick Mar 29/23, Up 21%)

In the face of increasing competition, restructured its businesses. Reported extremely good numbers, stuck to guidance. Might explain why PANW selloff today not hurting them as much.

computer software / processing
BUY

Next to semiconductors, cybersecurity is one of the great secular growth areas. Hacks are proliferating. Making new highs. An area you have to own for the next several years. 

computer software / processing
TOP PICK

IT security solutions provider. Last year, rested on their laurels. Change in management, upped game. His 12-month price target is $151.50. No dividend.

(Analysts’ price target is $138.27)
computer software / processing
BUY ON WEAKNESS

In cyber security. Offers stable growth and is well-managed. Doesn't like that they pay no dividend. It's a mature company, good. Low beta. Perhaps buy this in a recession. Prefers this to Palo Alto. 

computer software / processing
BUY
Cybersecurity is a very important area to own. Secular growth area. US government is putting a lot of investment in. Lots of room to grow.
computer software / processing
PAST TOP PICK
(A Top Pick Dec 10/21, Up 15%) Cybersecurity, one of the really big growth areas in tech. Moving to SaaS, which slowed down growth. New products took some time. Growing earnings in an area that will continue to grow rapidly, especially for corporations and the cloud. Moving offsite increases security issues.
computer software / processing
PAST TOP PICK
(A Top Pick Jul 22/21, Up 3%) Cybersecurity is a strong secular growth market. Issues from transition to SaaS and new products. Long run, should see strong revenue and free cashflow growth. Continues to buy here.
computer software / processing
PAST TOP PICK
(A Top Pick Jun 17/21, Up 2%) No debt and are increasing free cash flow. Cybersecurity is a good secular growth business among governments and corporations. They're transitioning software as a service which hurt them several quarters ago, but they are creating more products. Trades at 18x earnings.
computer software / processing
PAST TOP PICK
(A Top Pick Apr 06/21, Up 25%) Cybersecurity is a big secular growth area. Lots of pressure to make sure telecommunications are secure, especially as people work remotely. He'd buy it here.
computer software / processing
BUY
Owns stock and likes the tremendous returns on capital/asset light business. Losing market position to competitors. Developing new products that are state of the art. Deferred revenue at 12-14%, is a great predictor of growth.
computer software / processing
TOP PICK
An Israeli cyber-security firm. Great balance sheet with no debt. Free cashflow growth is positive. The company is a SaaS and revenues have been lumpy over the past little while. Next year should be better. Cyber security is a big issue around the world. An area that will continue to grow and this company can grow with the sector successfully over the next few years. (Analysts’ price target is $132.11)
computer software / processing
TOP PICK
Very good area in tech going forward. People working outside the office has created a lot of IT issues in cybersecurity. He anticipates better numbers in the next several quarters. No dividend. (Analysts’ price target is $133.47)
computer software / processing
TOP PICK
It trades at 17x PE. Cybersecurity will be an big issue as companies around the world (the recent MSFT breach is an example). We've digitized so quickly during Covid, so that's led to more security problems, and this won't go away. Federal governments around the world are looking into these bad actors. CHKP has many new products coming to serve the cloud business. They beat their quarter, but offered poor guidance, because they're moving to a subscription-based operation. That said, he expects growth in several more quarters. (Analysts’ price target is $133.10)
computer software / processing
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Check Point Software Tech(CHKP-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Check Point Software Tech is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Check Point Software Tech(CHKP-Q) Frequently Asked Questions

What is Check Point Software Tech stock symbol?

Check Point Software Tech is a American stock, trading under the symbol CHKP-Q on the NASDAQ (CHKP). It is usually referred to as NASDAQ:CHKP or CHKP-Q

Is Check Point Software Tech a buy or a sell?

In the last year, 4 stock analysts published opinions about CHKP-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Check Point Software Tech.

Is Check Point Software Tech a good investment or a top pick?

Check Point Software Tech was recommended as a Top Pick by on . Read the latest stock experts ratings for Check Point Software Tech.

Why is Check Point Software Tech stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Check Point Software Tech worth watching?

4 stock analysts on Stockchase covered Check Point Software Tech In the last year. It is a trending stock that is worth watching.

What is Check Point Software Tech stock price?

On 2024-04-19, Check Point Software Tech (CHKP-Q) stock closed at a price of $157.9.