3 Cyber Security Stocks to buy Right Now

1. 3 Cyber Security Stocks to buy Right Now Damage related to cybercrime is projected to hit $6 trillion annually by 2021 and companies are investing in Cyber security and increasing their budgets to mitigate risk. According to the latest forecast from Gartner, Inc. the world’s leading research and advisory company worldwide spending on information security products and services will reach $114 billion by the end of 2018, an increase of 12.4 percent from last year. Keeping this Macro trend in mind smart investors are poised to achieve incredible returns if they invest in companies with strongest technology and competitive market position.

2. Splunk – SPLK- NAS 52-Week Change 16.32% Market Cap $14.54B Splunk is one of the leading security information and event management (SIEM) software companies. The solution is used by 89 of the Fortune 100 with notable clients like Coca Cola, Comcast and the Blackstone Group. Splunk’s software transforms machine generated data into valuable insights in areas such as security, fraud and IT operations. The company provides real time operational intelligence to enable customers to search, monitor and visualize data from their applications, servers networks etc. The explosion of data volume is growing at roughly a 50% yoy rate so the need for this technology is rapidly increasing. Last year Splunk generated $1.46B in revenue and has a solid track record of performance with a 3 year revenue growth rate of 34% The Company is poised to dominate this software segment for the foreseeable future and has a 3 year EPS Growth rate estimate of 39.5%. Palo Alto Networks – PANW- NYSE 52-Week Change 14.97% Market cap $14.13B Palo Alto Networks develops and sells network and endpoint cyber security solutions, such as next generation firewall (NGFW) technology. They are known to have the industry’s best firewall product and have been recognized as a leader by Gartner for the last 7 years in a row earning the highest position in this year’s report. The company has grown it’s portfolio adding additional technologies that are interconnected to increase revenue per customer but to also improve overall security giving them a large MOAT over their competitors. Their proven technology and execution has allowed them to maintain a 3 year revenue growth rate 29.7% and analyst predict a 3 year EPS Growth rate of 19.75%. The company is well funded

3. with $3.4B in total cash and is investing heavily into R&D ( $110M last quarter ) to maintain their leadership position. Rapid7 -RPD- NAS 52-Week Change 52.82% Market Cap $1.44B Rapid7’s technology products enable organizations to find and eliminate critical weaknesses, detect and respond to attacks. Their software monitors user & application behavior and searches for vulnerabilities in networks. Their technology is very unique as it not only detects but actually responds to attacks drastically reducing risk. Rapid7 generated $233M in revenue last year and is currently used by some of the most secure and targeted organizations like Microsoft and Netflix. Today’s security teams are often understaffed, overwhelmed so a need to automate analysis and response is becoming vital and the market that Rapid7 plays in offers one of the highest growth rates of adoption in the industry. With a 3 year revenue growth rate of 23.5% and a projected 97.8% revenue growth forecast for 2019 this stock is poised for a big jump in the coming quarters. Bottom Line Investing in this sector offers tremendous upside and adding one of these stocks to your portfolio is a smart bet as these market leading technologies are positioned for sustained long term growth.