The pandemic defines everything right now. But it isn’t just a short-term dynamic. This is a watershed moment. The future is changing in “sticky” ways through this process. Anyone who takes the time to honestly observe things from the ground up can see it.
Long term structural themes are accelerating, such as the move to ecommerce and collaborative virtualization. The big losers are destined to be in the commercial real estate space. The big winners are companies that enable increased reliance on virtual workflow and a basic rhythm of household life that depends increasingly on cloud-based data and information flow.
This transition parses the world of stocks into a stark binary distribution: the winners and the loser.
Among the winners are ecommerce and logistics facilitators and service providers that contribute to the secure participation of individuals and organizations in that distributed digital landscape. Cybersecurity is almost certainly a prime beneficiary.
With that in mind, we take a look here at some of the most promising names in the cybersecurity space: Crowdstrike Holdings Inc (NASDAQ:CRWD), Cyberloq Technologies Inc (OTCMKTS:CLOQ), FireEye Inc (NASDAQ:FEYE), and Zscaler Inc (NASDAQ:ZS).
Crowdstrike Holdings Inc (NASDAQ:CRWD) trumpets itself as a cloud-delivered solutions for next-generation endpoint protection in the United States, Australia, Germany, India, Romania, and the United Kingdom.
It offers 11 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as endpoint security, security and IT operations, and threat intelligence to deliver comprehensive breach protection even against today’s most sophisticated attacks.
The company primarily sells its platform and cloud modules through its direct sales team. CrowdStrike Holdings, Inc. was founded in 2011 and is headquartered in Sunnyvale, California.
If you’re long this stock, then you’re liking how the stock has responded to the announcement. CRWD shares have been moving higher over the past week overall, pushing about 6% to the upside on above average trading volume. Shares of the stock have powered higher over the past month, rallying roughly 25% in that time on strong overall action.
Crowdstrike Holdings Inc (NASDAQ:CRWD) generated sales of $152.1M, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 21.6% on the top line. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($912.1M against $493.1M).
Cyberloq Technologies Inc. (OTCMKTS:CLOQ) is a development-stage technology company that focuses on fraud prevention and credit management in the United States.
The company provides CyberloQ, a banking fraud prevention technology that enables institutional clients to combat fraudulent transactions and unauthorized access to customer accounts; and Turnscor, a Web-based proprietary software platform, which allows its customers to monitor and manage their credit from the privacy of their own homes.
CyberloQ keeps user’s sensitive Personal Identifiable Information (PII) in “non-active” status, only accessible through a secure authentication process. Utilizing elements of a user’s PIN – in combination with the unique MEID or UDID of the mobile device – CyberloQ creates a robust perimeter that prevents would-be hackers from activating user’s accounts. Leveraging Google’s geolocation service, CyberloQ creates a virtual boundary – otherwise known as a Geofence – around each user and their confidential information.
CyberloQ’s Geofencing functionality is compatible with the latest wireless technology, including cellular networks, Bluetooth, and WiFi. Whether it’s a designated perimeter over a city, building, if a user’s designated Geofenced cyber perimeter is breached, the account is immediately disabled.
To breach a CyberloQ Geofence, hackers would need all the user’s PIN data, be in possession of the user’s personal mobile device, and be physically within the designated Geofence. CyberloQ Geofencing provides a flexible and easy to use proactive cyber security measure. It creates a scalable hardened target and keeps cyber criminals on the outside – where they belong.
Cyberloq Technologies Inc. (OTCMKTS:CLOQ) shares have been moving higher over the past week overall, pushing about 25% to the upside on above average trading volume. Shares of the stock have powered higher over the past month, rallying roughly 58% in that time on strong overall action.
FireEye Inc (NASDAQ:FEYE) provides cybersecurity solutions that allow organizations to prepare for, prevent, respond to, and remediate cyber-attacks. It offers vector-specific appliance, virtual appliance, and cloud-based solutions to detect and block known and unknown cyber-attacks.
The company provides threat detection and prevention solutions, including network security products, email security solutions, and endpoint security solutions. It also offers security management and orchestration products, such as Central Management System, FireEye Security Orchestrator, and FireEye Helix platform; and forensics and investigation products, such as Threat Analytics Platform and Enterprise Forensics series of appliances.
In addition, the company provides Security-as-a-Service solutions comprising cloud-based Email Threat Prevention solution and managed Defense/FireEye-as-a-Service offering; threat intelligence subscriptions, such as Dynamic Threat Intelligence cloud and FireEye iSIGHT Intelligence; and customer support and maintenance services.
Further, it offers professional services, including incident response, compromise assessments, and related security consulting services; cyber threat intelligence services; and training services. The company serves telecommunications providers, financial services entities, Internet search engines, social networking sites, stock exchanges, electrical grid operators, networking vendors, oil and gas companies, healthcare and pharmaceutical companies, and local and international governmental agencies.
If you’re long this stock, then you’re liking how the stock has responded to the announcement. FEYE shares have been moving higher over the past week overall, pushing about 5% to the upside on above average trading volume.
FireEye Inc (NASDAQ:FEYE) managed to rope in revenues totaling $224.7M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of 6.7%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($980M against $818.4M).
Zscaler Inc (NASDAQ:ZS) bills itself as a company that operates in the cloud security space worldwide.
The company offers Zscaler Internet Access solution that connect users to externally managed applications, including software-as-a-service applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to internally managed applications, either hosted internally in data centers, and private or public clouds.
Its platform includes Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Nanolog Server modules. Zscaler, Inc. serves customers in various industries, such as airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services.
And the stock has been acting well over recent days, up something like 7% in that time. Shares of the stock have powered higher over the past month, rallying roughly 15% in that time on strong overall action. Zscaler Inc (NASDAQ:ZS) pulled in sales of $101.3M in its last reported quarterly financials, representing top line growth of 36.3%. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($384.9M against $303.7M).
This article is part of JournalTranscript.com Networks. Read the JournalTranscript.com Networks Disclaimer.