5 Best Strong Buy Tech Stocks to Invest In Now

3. Rubrik, Inc. (NYSE:RBRK)

Number of Hedge Fund Holders: 56

Rubrik, Inc. (NYSE:RBRK) is one of the best Strong Buy stocks on this list.

TheFly reported on May 20 that Oppenheimer upgraded RBRK to Outperform from Perform and assigned an $85 price target. The firm cited strong feedback from value-added reseller channels and improving demand trends across the backup, recovery, and cyber-resilience market. Oppenheimer also noted that RBRK continues strengthening its competitive position across multiple workloads and highlighted resilient customer demand tied to the company’s role in protecting mission-critical data environments. The firm added that rising memory costs have not materially affected purchasing activity and expressed expectations for the company to exceed first-quarter

Separately, on May 19, Rubrik, Inc. (NYSE:RBRK) announced a strategic partnership with MEDITECH to strengthen cyber resilience capabilities for healthcare organizations using MEDITECH’s self-hosted cloud and on-premises platforms. Through the collaboration, healthcare providers using MEDITECH Expanse will gain access to Rubrik Security Cloud technologies designed to improve data protection, recovery speed, and operational continuity during cyberattacks or ransomware incidents.

The companies stated that the integration will help ensure critical healthcare data remains immutable and recoverable in the event of a security breach. The partnership is intended to support hospitals and healthcare systems in reducing operational disruptions and financial risks tied to cyber incidents while enabling more secure cloud adoption. The initiative also addresses growing cybersecurity concerns in the healthcare sector, which has increasingly become a major target for ransomware attacks and other digital threats affecting patient care operations.

Rubrik, Inc. (NYSE:RBRK) is a cybersecurity and cloud data management company that provides ransomware recovery, threat detection, and Zero Trust data security solutions.