Shhh! 3 Secret Cybersecurity Stocks Flying Below Wall Street’s Radar

InvestorPlace04-30

With growing cyber threats, consider these three cybersecurity stocks. Radware (RDWR): In its most recent quarter, the company posted earnings per share of 13 cents, which beat by a penny. Mitek ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2431454868?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-30 02:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2431454868","market":"us","top_or_hot":-1,"title":"Shhh! 3 Secret Cybersecurity Stocks Flying Below Wall Street’s Radar","media":"InvestorPlace","content":"<div>\n<p>With growing cyber threats, consider these three cybersecurity stocks.\nRadware (RDWR): In its most recent quarter, the company posted earnings per share of 13 cents, which beat by a penny.\nMitek ...</p>\n\n<a href=\"https://investorplace.com/2024/04/shhh-3-secret-cybersecurity-stocks-flying-below-wall-streets-radar/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shhh! 3 Secret Cybersecurity Stocks Flying Below Wall Street’s Radar</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShhh! 3 Secret Cybersecurity Stocks Flying Below Wall Street’s Radar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-30 02:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/04/shhh-3-secret-cybersecurity-stocks-flying-below-wall-streets-radar/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With growing cyber threats, consider these three cybersecurity stocks.\nRadware (RDWR): In its most recent quarter, the company posted earnings per share of 13 cents, which beat by a penny.\nMitek ...</p>\n\n<a href=\"https://investorplace.com/2024/04/shhh-3-secret-cybersecurity-stocks-flying-below-wall-streets-radar/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4534","symbol_name":"瑞士信贷持仓","start_time":0,"source_url":"https://investorplace.com/2024/04/shhh-3-secret-cybersecurity-stocks-flying-below-wall-streets-radar/","article_id":"2431454868","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2431454868","pubTimestamp":1714416907,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"With cybersecurity threats set to increase thanks to unpreparedness, these under the radar cybersecurity stocks should thrive.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4534":"瑞士信贷持仓","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","RDWR":"Radware Ltd","BK4533":"AQR资本管理(全球第二大对冲基金)","MITK":"Mitek Systems","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","SPCB":"SuperCom Ltd.","QID":"纳指两倍做空ETF","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","BK4527":"明星科技股","TQQQ":"纳指三倍做多ETF","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","PANW":"Palo Alto Networks","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","PSQ":"纳指反向ETF","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","BK4573":"虚拟现实","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","QLD":"纳指两倍做多ETF","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","GOOG":"谷歌","QQQ":"纳指100ETF","BK4581":"高盛持仓","GOOGL":"谷歌A","SQQQ":"纳指三倍做空ETF","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251142724.SGD":"Fidelity America A-SGD","CEO":"中海油","BK4548":"巴美列捷福持仓","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD",".IXIC":"NASDAQ Composite","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓"},"translate_title":"嘘！3只秘密网络安全股票在华尔街的雷达下飞行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPCB":1,"RDWR":1,"GOOGL":1,"GOOG":1,"PANW":1,"CEO":1,"MITK":1,".IXIC":0.9,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"With growing cyber threats, consider these three cybersecurity stocks.\nRadware (RDWR): In its most recent quarter, the company posted earnings per share of 13 cents, which beat by a penny.\nMitek Systems (MITK): Trading at less than $13 a share, Mitek Systems is cheap.\nSuperCom (SPCB): It just received about $5 million in new orders from European governments.\n\n\n\n\n\n \n\nSource: jossnat / Shutterstock\n\n\n\nIn 2022, the global cost of cybercrimes came in at $8.44 trillion, according to the Federal Bureau of Investigations (FBI) and the International Monetary Fund (IMF). By 2027, that could balloon to $23.84 trillion. Cybersecurity threats continue to mount in the face of unpreparedness by governments, large and small companies, schools and the average person. They serve as a key catalyst for cybersecurity stocks.\n“A top Biden cybersecurity official urged the nation’s ports in a joint call on Wednesday to have their data encrypted, rapidly patch any vulnerabilities in critical systems, and have a well-trained cyber team as hacks targeting key U.S. infrastructure increase,” said CNBC on April 17th.\nAlphabet‘s (NASDAQ:GOOG, NASDAQ:GOOGL) subsidiary cybersecurity firm Mandiant just said a January cyberattack of a water filtration plant in a small Texas town lead to a water tank overflowing. Attacks on small business are rising, with 74% attributed to the employee element. \nUnfortunately, our digital over-dependence means that our risk is greater than ever before with new attacks surfacing all the time. And just in case you think hackers can’t get to you, it’s already happened. They’ve already been in your computer.\nUntil the cybersecurity threat diminishes – which is clearly not going to happen any time soon – you may want to invest in some of the top cybersecurity stocks. Those include Palo Alto Networks (NASDAQ:PANW), and some of the following top cybersecurity stocks flying below radar. \nRadware (RDWR)\nSource: Ico Maker / ShutterstockTrading at $17 a share, Radware (NASDAQ:RDWR) develops, manufactures and markets cybersecurity and application delivery solutions for cloud, on-premises and software defined data centers worldwide. Most recently, it launched a new artificial intelligence-powered Domain Name Service (DNS) Distributed Denial-of-Service (DDoS) attack protection solution.\n“For DNS service providers or companies that host their own DNS services, this can significantly shorten time to resolution and reduce total cost of ownership when countering even the most sophisticated DNS DDoS attack campaigns,” as noted in a company press release.\nFurthermore, earnings have been solid. In its most recent quarter, the company posted earnings per share of 13 cents, which beat by a penny. Revenues of $65 million were down just over 12% year-over-year (YOY) but still beat expectations by $990,000. \n“We closed 2023 on a positive note with our cloud security business delivering 22% YOY ARR (annual recurring revenue) growth,” said Roy Zisapel, Radware’s President and Chief Executive Officer (CEO).\nMitek Systems (MITK)\nSource: BeeBright / ShutterstockTrading at less than $13 a share, Mitek Systems (NASDAQ:MITK) is another top cybersecurity stock to consider. It specializes in identity verification, authentication, biometrics, image capture, fraud detection, instant identity verification and defense against threats, such as check fraud and deep fakes, as noted on the company’s site.\nEarlier this year, Mitek launched MiControl, a fraud management console. It detects check fraud, reduces losses and further increases consumers’ online security. Even more impressive, it can help cut the time it takes for a fraud analyst to review and decide on action with a suspect check from about 10 minutes to about 90 seconds.\nAnd while earnings were nothing to write home about recently, CEO Max Carnecchia said, “In the first quarter of last year we had a large one-time multi-year mobile deposit reorder that pulled forward about $7 million of future year revenue into that quarter, including $2.7 million that would have been recognized in fiscal Q1’24, creating a very difficult year over year comparison. It’s important to note that this quarter’s results are not representative of a business trend, in fact, to the contrary.”\n“With our fiscal 2024 guidance, which we are reiterating today, we expect our Deposits product revenue to grow 10 to 12% YOY on a normalized basis and our Identity product revenue to grow 10 to 12% YOY,” he added.\nSuperCom (SPCB)\nSource: BeeBright / ShutterstockTrading at less than a quarter, SuperCom (NASDAQ:SPCB) provides digital identity, Internet of Things (IoT) and connectivity. And they offer cybersecurity products and solutions to governments and private and public organizations worldwide. Most recently, it received about $5 million in new orders from European governments. \nAdditionally, full-year 2023 and Q4 earnings have been explosive. For 2023, its revenue increased by 51% to $26.6 million. This represents its third year of consecutive revenue growth. Revenue in Europe umped 85% to $17.7 million. IoT revenue was up 52%. Gross profits were up 60% to $10.2 million. EBITDA rocketed 2,350% higher to $4.8 million.\nIn its fourth quarter, revenue jumped 11% to $5.7 million. Gross profit was up 44% to $2.3 million. Gross margins came in at 41.4% from 32%. EBITDA jumped 43% to $1.1 million. Finally, analysts at Maxim Group have a buy rating to SPCB with a $1 price target.\nOn the date of publication, Ian Cooper did not have (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nIan Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.Cybersecurity, TechnologyGrowth Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/shhh-3-secret-cybersecurity-stocks-flying-below-wall-streets-radar/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2431454868"}