Top Cyber Security Stocks to buy in 2019
Cyber security issues are front and centre of discussion recently. The sector is outperforming the market year to date. Security has become a top priority for corporations and there is an expected rise in allocation to security spending to combat potential threats. There is rising concerns for possible interference in the upcoming elections and this also contributes to the bullish outlook on the cyber security sector.
Here are some publicly traded companies that are in the space:
💻 Cyber Security
Canada Stocks
Leonovus Inc (LTV-X)
A data storage company that specializes in block chain technology. They are working on a new token that can be a great opportunity.
Opinion about LTV.V: He is looking at investing in this one personally. Very speculative and very early stage growth opportunity. Have software that…
Stockchase Absolute Software Corp. (ABT-T)
A Canadian company that specializes in endpoint security and data risk management solutions. They have steady cash flow in a niche market.
Opinion about ABST.TO: Price target of $20.50 CAD. Cloud-based platform for enterprise and public sector. In the right place because of remote work.…
Stockchase CGI Group (A) (GIB.A-T)
A global information technology consulting company out of Montreal. The charts are showing higher highs and lows. Their seasonality is Q4.
Opinion about GIB.A.TO: Global. Big player in US, making a series of "metro market" acquisitions. A near-shoring strategy. Affected by US government…
Stockchase BlackBerry (BB-T)
The company is consolidating and growing slowly at 5 – 10% earnings growth. They are currently transitioning from hardware to software focused on security solutions.
Opinion about BB.TO: For this one, he's looking at the very right side of a 1-year chart. You can see the basing, but what you want to see is a…
Stockchase PureFunds ISE Cyber Security ETF (HACK-N)
This ETF allocates their funds in an interest way. Their top 10 holding account for only 34% of the fund. It is the best security ETF to diversify risk.
Opinion about HACK: Cyber security ETF. It is a niche exposure. Whenever there is news of a data breach, this one receives inflows and volume. This…
Stockchase Evolve Cyber Security Index ETF (CYBR-T)
This ETF is also considered recession-proof since cyber security is a necessity in today’s world. With the move towards more digital payments, it will get a lift.
Opinion about CYBR.TO: Allan Tong’s Discover Picks CYBR is a low-vol ETF, averaging only 4,600 shares daily and charges an MER of 0.4% against a…
Stockchase U.S Stocks
Akamai Technologies Inc. (AKAM-Q)
An American network and cloud service provider. It is one of the world’s largest distributed computing platform.
Opinion about AKAM: Doesn't know a lot about this one. Buying on dips is a good way of going, but make sure the company is making real money and that…
Stockchase Check Point Software Tech (CHKP-Q)
A multinational provider of software and hardware products for IT security. They are in the fibre security market and is one of the larger and more global company in the space.
Opinion about CHKP: (A Top Pick Apr 06/21, Up 25%) Cybersecurity is a big secular growth area. Lots of pressure to make sure telecommunications are…
Stockchase Citrix Systems (CTXS-Q)
A multinational software company that provides software as a service and cloud computing technologies. They own the Go to Meeting brand used for managing remote networking and meetings.
Opinion about CTXS: Just sold it. Expects it to drop to $12.50. Not a fan of chips at this time. Expert opinions on Citrix Systems (CTXS) — buy,…
Stockchase Elbit Systems (ESLT-Q)
An international defense electronics company engaged in a wide range of programs. They are also the world’s biggest producer of military drones. The company is also a big player in cyber warfare.
Opinion about ESLT: (A Top Pick Jan 03/18, Down 7%) It is in the defense business. It is a company he really likes and is a really long term holding.…
Stockchase FireEye Inc (FEYE-Q)
An enterprise cyber security company that protects against advanced cyber threats. It is one of the imminent security as a service company.
Opinion about FEYE: This cyber-security business just reported earnings and highlighted the growth in demand for their end-product. He does own this…
Stockchase F5 Networks (FFIV-Q)
An American-based company that specializes in application delivery networking technology for security. They monitor the internet and servers.
Opinion about FFIV: Dominates in application network controllers with 45% market share. Integral and necessary part of the evolution towards Cloud…
Stockchase Intel (INTC-Q)
One of the most prominent companies in technology and security. Their chips are used in a variety of phones and computers. The stock price has done extremely well.
Opinion about INTC: It's too late to enter this. The money has been made during that gigantic move. Their problems aren't over yet, given their balance sheet.
Stockchase Juniper Networks (JNPR-N)
A networking products company that owned Western Digital. They are in the router world that is critical to future growth of the internet.
Opinion about JNPR: Bought a company called Netscreen which makes high throughput fire walls and VPN appliances. Has never been able to understand…
Stockchase Lockheed Martin (LMT-N)
An American aerospace,m défense and security company with advanced technologies. It is not terribly overvalued and it’s recession-proof. They would profit from geopolitical issues.
Opinion about LMT: Problem is these defense companies make too much company and the taxpayers doesn't get their bang for their buck. Shares have come…
Stockchase Northrop Grumman (NOC-N)
An aerospace and defense tech company. They broke above their 200 day average and increased their dividends. They are currently buying back shares.
Opinion about NOC: Lockheed martin earnings were spectacular which may auger well for Northrup. Expert opinions on Northrop Grumman (NOC) — buy,…
Stockchase Palo Alto Networks (PANW-N)
A network and enterprise security company. They dominate the cyber security space that is fairly valued. The company is currently transitioning from licenses to subscriptions.
Opinion about PANW: Cybersecurity companies won't be going away, not easily replaced. Drop could be due to multiple compression. Just because a stock…
Stockchase Proofpoint, Inc. (PFPT-Q)
An enterprise security company that provides software as a service and products for cyber security. They mainly protect emails and are growing internationally.
Opinion about PFPT: A cybersecurity company that protects email. He likes their international growth opportunities. They seem to be latching onto…
Stockchase Raytheon (RTN-N)
A major U.S. defense contractor. It is a hybrid defense stock that is involved in cyber security. It currently trades at a good valuation.
Opinion about RTX: (A Top Pick Dec 14/23, Up 47%) Share had dipped because contaminants had gotten into a system, so he put during that momentary…
Stockchase Symantec Corp (SYMC-Q)
An American software company that offers security, storage and backup software. It is an anti-virus software company that is moving to a software as a service model.
Opinion about SYMC: (A Top Pick Apr 11/06. Down 9.8%.) A quality company that will be around for the long-term. Completed a fairly big merger where…
Stockchase Cisco (CSCO-Q)
A multinational tech conglomerate that develops networking hardware. It is a standalone product and are starting to adjust to cloud-based environment.
Opinion about CSCO: Another play in Edge AI. Kinetic for Cities is Edge AI that you can put on sensors around a city for water, traffic, air,…
Stockchase Microsoft (MSFT-Q)
An American multinational tech company. They develop and manufacture computer software, personal computers and services. They are doing very well and have just bumped up dividends by 11%.
Opinion about MSFT: They reported. He's disappointed they didn't have more to say. Also, they're a software company.
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