One impact of the move to work from home (see Best Work From Home Stocks List) is that organizations now have an increased number of entry points for hackers to exploit. And as we have seen with the early December news of the massive cyber-attack that affected both the U.S. government and U.S. companies, organizations need to continuously step up cybersecurity efforts to prevent data breaches, protect consumer privacy and secure intellectual property. It follows that cybersecurity stocks stand to benefit from an increasingly online economy. To help provide some insight as to which cybersecurity stocks have gained significantly as a result of the latest major cyber-attack faced by the U.S., the following table presents the 7 best performing cybersecurity stocks since December 8th (when FireEye announced it discovered it had been the victim of a “State-Sponsored” cyber attack — which happened thru a SolarWinds software update) and December 21, 2020. The following table is limited to companies with a market cap of over $5 billion and with gain of over 10% during that period. The resulting list contains stocks that have gained an average of 19% in less than two weeks.
Best Cybersecurity Stocks Table Description: The following table includes and can be sorted on: company name, market cap, dividend yield, stock price, and the intraday stock price percent change. This live table is updated throughout the trading day. Don’t miss out on important revisions to our Best Cybersecurity Stocks list. Get our free Dogs of the Dow Newsletter.
Best Cybersecurity Stocks FAQ
What are the best cybersecurity stocks?
Based on price gains since the December 8, 2020 announcement of a “State-Sponsored” cyber attack on the U.S. and December 21st, 2020, the best cybersecurity stock is Cyberark Software (CYBR) with a price gain of 29% in less than 2 weeks. Next in line are Varonis Systems (VRNS) and Everbridge (EVBG) with price gains of 26% and 19% respectively.
What do cybersecurity companies do?
Cybersecurity companies offer products and services to companies in areas of network security, data security, cloud security, application security and increasingly endpoint security (i.e. secure remote access).
What are the top cybersecurity companies for dividends?
Cybersecurity stocks that offer dividends are: Cisco, Citrix and Juniper Networks.
Are there Cybersecurity ETFs?
Yes, there are a few ETFs tracking indices tied to cybersecurity companies. The oldest one is the ETFMG Prime Cyber Security ETF (HACK) launched in November 2014 with 58 holdings. The newest one is the Global X Cybersecurity ETF (BUG) launched in October 2019 with currently 28 holdings.