Cybersecurity stocks have taken a hit in recent months, with the top three ETFs down between 3% and 24% over the past year. Despite this, demand remains strong, with SentinelOne, CrowdStrike, and Palo Alto Networks standing out as top picks for investors this month.
SentinelOne is the fastest-growing cybersecurity stock, with 24% revenue growth over the past year and the lowest revenue multiple. The company’s AI integration and cash-heavy balance sheet make it an attractive option, despite its history of losses.
CrowdStrike faced a setback in 2024 with a tech outage, but the company has rebounded, trading 50% higher than before the incident. Palo Alto Networks lags in revenue growth but boasts consistent profitability and a market cap of $111 billion.
Stock Advisor analysts have identified the top 10 stocks to buy now, with SentinelOne not making the cut. The service has a history of high returns compared to the S&P 500, making it a valuable resource for investors looking for growth opportunities in the market.
Investors considering cybersecurity stocks like SentinelOne should be aware of the potential risks and rewards. Despite the industry’s recent challenges, there are opportunities for growth and innovation in companies like SentinelOne, CrowdStrike, and Palo Alto Networks.
Read more at Yahoo Finance: 3 Top Cybersecurity Stocks to Buy in February
