5 Cybersecurity Actions for Your May 2022 Watch List

5 Cybersecurity Actions for Your May 2022 Watch List

Do you have these cyber security actions on your watch list right now?

Cybersecurity stocks have been on a rollercoaster ride this year. Many investors are looking for a safe haven amid a volatile stock Exchange. And some may be looking at cybersecurity as a good investment option. Now, cybersecurity actions would come under scrutiny this week as investors will be keeping an eye on some of the top names providing their quarterly financials. This includes the likes of cloud flare, NortonLifeLock (NASDAQ: NLOK), Y quick7 (NASDAQ: RPD), just to name a few. Additionally, a recent Allianz survey listed cyberattacks as the top concern this year.

And what is more, Z-climber (NASDAQ:ZS) recently released the results of its 2022 ThreatLabz Phishing Report. The company revealed that phishing attacks increased 29% globally to a new record high of 873.9 million attacks last year. Of which, retail and wholesale were the main targets, with a more than 400% increase in phishing attacks over the last year. In the meantime, SentinelOne (New York Stock Exchange: S) and Arete Incident Response announced that their partnership has successfully resolved more than 2,000 enterprise ransomware attacks worldwide. Well, like it or not, the world has a growing need for cybersecurity. With that in mind, here are some of the the main cybersecurity actions to take into account on the stock market now.

Cybersecurity actions to consider right now

Palo Alto Networks

Palo Alto Networks is one of the leading providers of cybersecurity services in the world today. It offers security platforms that enable enterprises, service providers, and governments to protect all users, data, and applications in all locations. In fact, the company recently announced that its IoT Security solution has achieved Moderate Clearance from the Federal Risk and Clearance Management Program. So Palo Alto can now help federal agencies protect their unmanaged IoT devices with ML-based visibility, threat prevention, and Zero Trust enforcement with a single platform.

Not to mention, Palo Alto also announced the general availability of its Okyo Garde Enterprise Edition last month. This edition enables organizations to extend Palo Alto Networks’ best-in-class SASE to the home network through a security subscription that comes with Prisma® Access and a beautifully designed Wi-Fi 6 router. Plus, Okyo Garde is easy for home employees to manage and easy for IT teams to set up. Given these exciting developments, would you add PANW stock to your watch list?

PANW Stock Price
Source: TD Ameritrade TOS

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Similar to Palo Alto, fortnite is a company that needs no introduction in the cybersecurity space. Your network security devices are managed by your FortiOS network operating system. Aside from that, the company also offers managed intrusion prevention system and web application firewall rules provided by FortiGuard Labs as an overlay service. Despite the lack of enthusiasm surrounding the company’s stock this year, FTNT’s shares are up more than 40% over the past year.

In April, the Fortinet Training Institute introduced its new Security Awareness and Training service. This will offer any organization the ability to further protect their critical digital assets from cyber threats by improving employee cyber security awareness. With the help of Fortinet’s FortiGuard Labs threat intelligence, organizations can deal with the latest evolving cyberattack methods. As such, it should come as no surprise that many organizations are showing special interest in this new service. With that said, could FTNT stock gain ground with investors again?

FTNT Stock Price
Source: TD Ameritrade TOS


After that, we have the cloud-based cybersecurity provider, Ratings. The company’s cloud platform is known for providing information technology (IT), security and compliance solutions. These solutions would enable organizations to identify security risks to their IT infrastructure and protect their IT systems and applications from impending cyber attacks. Overall, QLYS stock’s long-term uptrend appears to be intact. Over the past year, the company’s shares are up roughly 40% despite a slow 2022 so far.

With the company reporting its first-quarter financials tomorrow, investors will be curious as to whether it could keep up its momentum. After all, Qualys closed fiscal 2021 with many positives reflecting a year of progress in advancing its go-to-market initiatives. The company’s revenue for the year increased to $411.2 million, reflecting a 13% increase year over year. The growing adoption of its products and services can also be seen through its vulnerability detection, response and management application, which boasts a 36% customer penetration. With all that in mind, do you think QLYS stock will have more room to run?

QLYS Stock Chart
Source: TD Ameritrade TOS

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cloud flare

Another big name to watch out for in today’s industry is cloud flare. Essentially, the company is a global cloud service provider offering a range of services to businesses of all sizes. Cloudflare’s integrated suite of products includes solutions for an organization’s foreign-facing infrastructure. This includes websites, applications, and application programming interfaces (APIs) to provide security, performance, and reliability. Therefore, NET stocks are often mentioned among the top cybersecurity stocks in the current stock market.

Last month, Cloudflare finally announced the completion of its acquisition of Area 1 Security. Therefore, Cloudflare will now provide organizations with an easy way to block phishing, business email compromise, malware, and other advanced threats as part of an integrated Zero Trust approach. This acquisition also aligns with the company’s mission to build a better Internet in this fast-paced world. All things considered, would NET stock be on your list of top cybersecurity stocks to invest in right now?

Net price of shares
Source: TD Ameritrade TOS


To summarize, let’s take a look at malware. Like the other entries, the company offers cybersecurity and application delivery solutions. In detail, its products and activities focus on protecting against cyber attacks and ensuring optimal application service levels for enterprise and operator data centers. As it stands, there are more than 12,500 enterprise and carrier customers adopting the company’s solutions to achieve maximum productivity while adapting to new market challenges.

Investors should also keep in mind that Radware is not easy to rest on its laurels. Last month, the company introduced its new Radware SecurePath™ cloud-based application security architecture for its application protection-as-a-service solutions. With this, the company’s cloud protection services can be traditionally deployed online, where they play a “middle man” role. Therefore, it eliminates the need for any online component of the data path. It’s safe to say it will be a game changer for organizations seeking comprehensive, high-grade protection for applications deployed in hybrid and multi-cloud environments. After considering all of this, would you have RDWR stock on your watch list right now?

RDWR Stock Price
Source: TD Ameritrade TOS

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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