4 Cybersecurity Stocks That Could Enhance Returns in 2022

Cybersecurity solution providing companies are benefiting from an increasing requirement for privileged access security on the back of digital transformation and cloud migration strategies adopted by organizations. The heightening need for secure networks and cloud-based applications amid the COVID-19 pandemic-induced remote-working and online-learning wave is also fueling demand for cybersecurity solutions.

Industry participants like Okta OKTA, Tenable Holdings TENB, CrowdStrike CRWD and Cloudflare NET are gaining from the aforementioned trends.

Amid all the outbreak-related disruptions, hackers and cybercriminals are reportedly taking advantage of the pandemic-induced hype and using it to steal passwords and data. Cybersecurity companies stand to gain from data breaches as the chances of security-related purchases shoot up.

According to a report by Grand View Research, the global cybersecurity market is expected to witness a CAGR of 10.9% from 2021 to 2028 and reach $372 billion. Moreover, the report stated that the market’s growth will be driven by factors like the rising sophistication of cyberattacks.

With the emergence of the more contagious coronavirus variant — Omicron — several parts of the world are grappling with a massive spike in infection rates, leading to stringent lockdowns. Even some parts of the United States are witnessing Omicron variant outbreaks.

Additionally, as vaccination programs will still take several months to reach a major portion of the global population, the current restrictions are likely to be in place for a longer time, thus prolonging the remote-working and online-learning phase. The consistent need for secure networks is thus likely to benefit cybersecurity companies in 2022. Let’s thus take a closer look at some notable cybersecurity stocks that could enhance returns next year.

Okta: It provides an identity management platform for enterprise customers, including customer identity and access management services. The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Okta Identity Cloud’s capability to consolidate and easily integrate existing applications without compromising security or stability is attracting customers. Its products’ ability to automate a process, secure data and reduce costs is also a positive.

The recent acquisition of

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Is Cisco Systems (CSCO) Outperforming Other Computer and Technology Stocks This Year?

Investors centered on the Laptop and Engineering space have probably listened to of Cisco Programs (CSCO), but is the inventory performing very well in comparison to the rest of its sector friends? 1 uncomplicated way to answer this issue is to just take a glance at the 12 months-to-day functionality of CSCO and the rest of the Personal computer and Technological know-how group’s shares.

Cisco Units is a member of our Computer system and Engineering group, which contains 646 distinct firms and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 diverse sector groups. The typical Zacks Rank of the personal stocks inside of the groups is measured, and the sectors are mentioned from finest to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to uncover shares with enhancing earnings outlooks. This process has a lengthy file of success, and these stocks have a tendency to be on keep track of to beat the market place in excess of the following just one to three months. CSCO is now sporting a Zacks Rank of #2 (Get).

Around the past 90 days, the Zacks Consensus Estimate for CSCO’s entire-calendar year earnings has moved 1.96% better. This signals that analyst sentiment is increasing and the stock’s earnings outlook is much more constructive.

Dependent on the most recent accessible details, CSCO has attained about 25.68% so considerably this yr. At the identical time, Personal computer and Engineering shares have obtained an regular of 25.16%. This indicates that Cisco Techniques is undertaking improved than its sector in terms of calendar year-to-date returns.

To break things down far more, CSCO belongs to the Computer – Networking marketplace, a team that involves 9 individual firms and at the moment sits at #83 in the Zacks Field Rank. Stocks in this team have received about 26.67% so considerably this yr, so CSCO is marginally underperforming its industry this team in terms of 12 months-to-date returns.

CSCO will most likely be on the lookout to go on its good functionality, so investors intrigued in Pc and Know-how stocks should

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3 Disruptive Stocks Shaping the Future of Technology

The word “disruptive” is thrown around a lot in the tech world. New technologies are considered disruptive when they improve or replace existing concepts to the point they begin snatching market share. Apple‘s (NASDAQ:AAPL) release of the iPhone is a great example — it crushed competing products from dominant incumbents like BlackBerry and Nokia.

But that’s in the past. Our Motley Fool contributors think C3.ai (NYSE:AI), PubMatic (NASDAQ:PUBM), and Joby Aviation (NYSE:JOBY) are delivering the next generation of disruptive technologies, and they could supercharge your portfolio over the long term. 

Image source: Getty Images.

Artificial intelligence as a service

Anthony Di Pizio (C3.ai): Investors might be familiar with software as a service (SaaS), where technology companies offer their unique software products in exchange for recurring fees. C3.ai is the first ever company to deliver artificial intelligence (AI) as a service, allowing industries of all kinds to harness its game-changing benefits.

Building AI applications in-house isn’t an option for most companies because it’s expensive and requires specialized talent. Oil companies, for instance, would probably struggle to attract bright, young AI developers from new-age tech firms.

But C3.ai can build AI models to suit any purpose, meaning oil companies can still have a tailored solution to suit their needs without all the baggage — and interestingly, the oil and gas industry now makes up over 35% of the company’s total revenue. In collaboration with oil giant Baker Hughes, C3.ai developed a portfolio of AI applications that can predict equipment failures and reduce carbon emissions by improving efficiency. 

While oil and gas is important to the company’s business, C3.ai also serves eight other industries and new customers have been flowing in at a rapid pace. 


Fiscal 2019

Fiscal 2022 (Current)


Total customers




Data source: C3.ai. 

The result is $245 million in expected revenue in fiscal 2022, which represents a compound annual growth rate of 25% since fiscal 2019. But there’s a notable acceleration in C3.ai’s quarterly guidance, with second-quarter revenue growth expected to come in at 37%. Revenue typically lags customer growth because

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