Top 5 Cybersecurity Stocks To Buy Now

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1.Crowdstrike Holdings Inc. (NASDAQ: CRWD)

No. of hedge funds: 71
Total value of hedge fund holdings: $430 billion

Crowdstrike provides a broad spectrum of solutions with their main aim being intrusion and breach prevention, such as some of the breaches they helped investigate – high-profile cases such as Sony Pictures and the DNC.

Recently, in similar stocks to CRWD, the average amount invested in these stocks was $1223 million with an average of 41.9 hedge funds. In Crowdstrike’s case this number is way higher at $4301 million, even though it has experienced a slight decrease from its previous appearance on 78 hedge funds portfolios. However, Crowdstrike’s stock returns recently outperform predictions by a sizable margin which explains why hedge funds pile into it, compared to stocks with similar market returns.

Please also see 10 Best Cloud Stocks To Buy Now and 10 Best Artificial Intelligence Stocks To Buy

Disclosure: None.

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