Top 5 Cybersecurity Stocks To Buy Now

3. Okta Inc. (NASDAQ: OKTA)

No. of hedge funds: 51
Total value of hedge fund holdings: $187 billion

Okta provides identity authentication services. This means building a way to verify and enforce who accesses what at any given time, from your run-of-the-mill passwords to biometrics. Okta has been a strong up-and-comer since last year it almost doubled its revenue and beat analysts’ predictions by some $11 million.

Starting with a mainly SMB-oriented client pool, Okta has since leveled up to serving over 1400 enterprises with revenue over $100 000 out of 8000 reported clients. This number continues to grow rapidly.