IntroductionTech stocks began to plummeted last Tuesday, Sept. 3rd, after the ISM manufacturing index reported August figures that came in below consensus expectations. That raised fears about the strength of the economy and increased the chances that the Federal Reserve will cut interest rates. The Pure-Play CyberSecurity Software Stocks PortfolioThe 5 largest pure-play cyber security software stocks (i.e. +$20B in market capitalization) are highlighted below as to how they performed last week, in descending order, in August, and YTD, along with their market capitalizations, and the most recent news, analyses and commentary on some of them.
- Market Capitalization: $57.5B
- Most Recent News, Analyses, and Commentary:
- Fortinet, Inc.: Among the Unrivaled Stocks of the Next 10 Years
- Market Capitalization: $21.3B
- Most Recent News, Analyses, and Commentary:
- Calculating The Intrinsic Value Of Check Point Software Technologies Ltd.
- Market Capitalization: $109.3B
- Most Recent News, Analyses, and Commentary:
- Palo Alto Networks, Inc. is Attracting Investor Attention: Here is What You Should Know
CrowdStrike Holdings (CRWD): UP 2.1% last week; UP 19.5% in August; DOWN 3.5% YTD
- Market Capitalization: $60.4BMost
- Recent News, Analyses, and Commentary:
- CrowdStrike’s EPS Estimates Southbound: Time to Sell CRWD Stock?
Zscaler (ZS): DOWN 21.6% last week; UP 11.5% in August; DOWN 29.2% YTD
- Market Capitalization: $23.7B
- Most Recent News, Analyses, and Commentary:
- Down Nearly 30% in 2024: Is Zscaler‘s Stock a Buy?
SummaryOn average, the above 5 pure-play cybersecurity software stocks went DOWN 9.6% last week, UP 14.6% in August, and are UP 5.1% YTD. The constituents have an average market capitalization of $54.4B. Cybersecurity ETFInvesting in a basket of cyber security stocks is a quick and easy way to get investment portfolio exposure to this critical segment of the tech sector. The Global X Cybersecurity ETF (BUG), for example, consists of 31 stocks and has an expense ratio of 0.51%.More By This Author:Our 6-Part Computer Chips Portfolio Was Down 2% In August
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