Are you thinking about which cybersecurity stock to buy now? Worry no more, since in this article we will provide the 3 best to buy.
What is Cybersecurity Stock?
Cybersecurity stock is a stock that concerns the development and the implementation of cyber security in the business and government. The main purpose is to protect the computer. Also, any other IT equipment from any type of cyberattacks. Many companies provide this service.
This sector has been expanding very rapidly in the last few years. Because we can see that we are at a big threat of data theft, espionage, and cyber-terrorism.
This sector has grown so much that it is expected to create many new jobs in the next 10 years.
Top 3 Cybersecurity Stock to Buy Now
The cybersecurity sector is very attractive for investors because of the increase in growth. But, it is also very risky because even if many good companies provide this service.
They are very complicated to understand the financial statements. In addition, it is not easy to invest in a highly technical company.
The cybersecurity sector has been expanding very rapidly in the last few years. It is because we can see that we are at a big threat of data theft, espionage, and cyber-terrorism.
It sector has grown so much that it is expected to create many new jobs in the next 10 years.
Let’s see how the top 3 cybersecurity stocks:
1) FireEye Inc (FEYE)
This is one of the best and most recommended cybersecurity stocks to buy now. Its performance is excellent and its fundamentals are strong.
It company operates as a security technology company that focuses on cybersecurity, software, and services.
Its stock price has increased more than 350% in the last year. Also, the company has a market capitalization of $3.18 billion.
There are more than 1 million shares traded per day. But, it is not easy to buy this company because it is highly volatile and risky.
The company has a very low financial risk because its debt is less than 0.1 times its revenue. The price-to-earnings ratio of this company is lower than 10 which means that it is very cheap to buy now.
The return on equity is around 25% which means that the company is highly profitable.
2. Palo Alto Networks Inc. (PANW)
It is a very good company that offers cybersecurity services and products to customers all over the world. The stock price of this company has more than doubled in the last year.
The market capitalization of this company is more than $9.54 billion. There are more than 1 million shares traded per day.
It is a company that has a debt to equity ratio of 0.1 times its revenue which means that it is very safe from financial risk. It has a low price-to-earnings ratio.
Therefore, it means that it is cheap to buy now and very profitable for investors. Its debt ratio is very low compared to the other companies in the sector and its return on equity is higher than 30%.
3. Cisco Systems Inc. (CSCO)
This is one of the best cybersecurity stocks to buy in 2017. The stock price of this company has increased more than 8% in the last year.
It has a market capitalization of $141 billion and there are more than 1 million shares traded every day.
This company is very profitable and its fundamentals are strong. The debt ratio is very low compared to the other companies in the sector and its return on equity is higher than 40%.
