Cybersecurity Stocks To Watch – February 02nd

As we navigate the ever-evolving landscape of digital threats, it’s essential for investors to consider stocks in the cybersecurity sector. On February 02nd, five noteworthy cybersecurity stocks have been highlighted: Alphabet, CrowdStrike, Palo Alto Networks, Dell Technologies, and Emerson Electric. These publicly traded companies focus on protecting computer systems, networks, and sensitive data from unauthorized access and cyberattacks. The demand for robust cybersecurity solutions continues to rise, making these stocks compelling for those looking to invest in this important industry.

Alphabet (GOOGL)

Alphabet Inc. is a diversified company that operates worldwide, offering a wide range of products and services. It functions through various segments including Google Services, Google Cloud, and Other Bets. The Google Services segment encompasses several popular products such as ads, Android, YouTube, and Google Drive.

On Friday, GOOGL stock increased by $3.15, reaching $204.02 with a trading volume of 31,998,798 shares, outpacing its average volume of 22,198,940. The stock has a 50-day moving average of $188.97 and a 200-day moving average of $174.08. Over the past year, Alphabet saw a low of $130.66 and a high of $205.48. With a quick ratio of 1.95, a current ratio of 1.95, and a modest debt-to-equity ratio of 0.04, the company boasts a market cap of $2.50 trillion and a P/E ratio of 27.06.

CrowdStrike (CRWD)

CrowdStrike Holdings, Inc. delivers cybersecurity solutions globally. The company is known for its unified platform that provides protection for endpoints, cloud workloads, and identities. Their services include managed security, threat intelligence, and AI-powered automation solutions.

During trading on Friday, CRWD stock climbed by $1.20 to $398.07, with a trading volume of 3,120,462 shares. The company’s 50-day and 200-day simple moving averages are $362.61 and $312.59, respectively. CrowdStrike's market capitalization stands at $98.05 billion, with a staggering P/E ratio of 780.54 and a twelve-month range of $200.81 to $411.30.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. specializes in cybersecurity solutions globally, offering firewall appliances, security management, and various subscription services aimed at threat prevention and data loss protection.

PANW shares dropped by $3.00 to $184.42 on Friday, with 4,824,005 shares traded, below its average volume of 5,677,994. The company’s market cap is approximately $121.02 billion, with a P/E ratio of 48.03. The stock’s twelve-month low was $130.04, while its high was $207.24.

Dell Technologies (DELL)

Dell Technologies Inc. is known for its comprehensive technological solutions in both hardware and software across various regions. The company operates through the Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

On Friday, DELL stock fell by $1.51 to $103.84, with a volume of 6,076,187 shares traded. The company holds a market cap of $72.74 billion and a P/E ratio of 18.35, with a twelve-month price range of $80.49 to $179.70.

Emerson Electric (EMR)

Emerson Electric Co. provides a wide array of solutions in the industrial, commercial, and consumer tech industries. The company operates in several segments including control systems, automation, and productivity software.

EMR shares dipped by $0.59 to $129.85 on Friday, with a trading volume of 4,718,854 shares. The stock has seen a market cap of $73.95 billion and a P/E ratio of 37.97, with a 52-week range from $91.64 to $134.85.

Cybersecurity, Stocks, Investing