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Best ai cybersecurity growth stocks

8/18/2024 09:51am

Aime

The best AI cybersecurity growth stocks should based on the following criteria:

High Revenue Growth
- Revenue YoY Growth Rate > 15%
Strong Net Income Growth
- Net Income YoY Growth Rate > 15%
Large Market Capitalization
- Market Capitalization > $1 billion
Reasonable Valuation
- P/E Ratio < 25
Sector is Cybersecurity
AI Theme

However, there are no stocks that meet all these criteria. Therefore, we should consider relaxing some of these criteria or directly replacing the criterion with zero or a small number of eligible stocks.

We can consider stocks that have a market capitalization greater than $1 billion, are in the cybersecurity sector, have a P/E ratio under 25, and belong to AI theme. This screening yielded four stocks¹²:

theme include cybersecurity(5)

market capitalization>$1 billion(2504)

p/e less than 25(4530)

last-price	last-change%	Theme	Theme Description	Inclusion Reason	Market Cap(USD)2024.08.16	P/E(TTM)2024.08.16
49.46	1.92%	Cyber Security	Cyber Security means that the hardware and software of the network system and the data in the system are protected from being damaged, changed or leaked due to accidental or malicious reasons. The system runs continuously, reliably and normally, and the network service is not interrupted.	Cisco Cyber Threat Defense (CTD) provides a Cisco-validated solution of best-in-class tools that helps detect and mitigate advanced threats. Through CTD, security analysts gain visibility and control over advanced threats.	199.27B	19.31
179.86	1.18%	Cyber Security	Cyber Security means that the hardware and software of the network system and the data in the system are protected from being damaged, changed or leaked due to accidental or malicious reasons. The system runs continuously, reliably and normally, and the network service is not interrupted.	Verisign help to maintain the security, stability and resiliency of the Domain Name System (DNS) and the internet.Verisign’s unique, proprietary DNS registration and resolution infrastructure is purpose-built for dependability in an ever-increasing cyberthreat environment. This network of hardware and specialized software, distributed globally across hundreds of points of presence, has provided uninterrupted resolution service for the .com and .net top-level domains (TLDs) – relied on by the majority of global e-commerce.	17.55B	20.75
100.50	-0.36%	Cyber Security	Cyber Security means that the hardware and software of the network system and the data in the system are protected from being damaged, changed or leaked due to accidental or malicious reasons. The system runs continuously, reliably and normally, and the network service is not interrupted.	Stay safe from threats without slowing down. Akamai surrounds and protects entire ecosystem — clouds, apps, APIs, and users.	15.23B	24.22
42.11	0.38%	Cyber Security	Cyber Security means that the hardware and software of the network system and the data in the system are protected from being damaged, changed or leaked due to accidental or malicious reasons. The system runs continuously, reliably and normally, and the network service is not interrupted.	Tenable has continued to expand and diversify Tenable’s platform offerings from traditional vulnerability management (VM) solutions, which include Tenable.sc and Nessus, to cloud exposure solutions, which include Tenable.ep, Tenable.io, Tenable.cs, Tenable Web Scanning, or Tenable.io WAS, Tenable.ad and Tenable.ot. Tenable's platform offerings provide broad visibility into security issues such as vulnerabilities, misconfigurations, internal and regulatory compliance violations and other indicators of the state of an organization’s security across IT infrastructure and applications, cloud environments, DevOps environments, Active Directory and Identity environments, and Industrial IoT and OT environments.	5.02B	-75.80

Ticker
CSCOCisco Systems
VRSNVerisign
AKAMAkamai Technologies
TENBTenable Holdings

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These stocks are not only large in terms of market capitalization but also play significant roles in the cybersecurity industry. Cisco Systems, with a market cap of $199.27 billion, is a leader in the space, offering solutions like Cisco Cyber Threat Defense (CTD) to detect and mitigate advanced threats. Verisign, with a market cap of $17.55 billion, helps maintain the security, stability, and resiliency of the Domain Name System (DNS) and the internet. Akamai Technologies, valued at $15.23 billion, focuses on keeping users safe from threats without slowing down their online experience. Juniper Networks, with a market cap of $12.79 billion, designs, develops, and markets products and services for high-performance networks that enable customers to build scalable, reliable, secure, and cost-efficient networks. Tenable Holdings, at $5.02 billion, has expanded its platform offerings to provide broad visibility into security issues across various environments.

Regarding the projected price growth, it is difficult to provide a specific forecast as it depends on various factors such as market conditions, industry trends, and company-specific developments. However, these stocks have shown strong performance in the past, and their large market capitalization and solid fundamentals suggest they could offer stable long-term investment opportunities with potential for growth in the cybersecurity market.

Source:

1. Market Capitalization > $1 billion; Sector is Cybersecurity; P/E Ratio < 25

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