Outperforming fund manager is bullish on these cybersecurity stocks, citing more room for growth

Cybersecurity is one area that presents an opportunity for investors right now, according to portfolio manager Philip Ripman of Storebrand Asset Management. "I think various areas within the market are still attractive, especially within the cybersecurity areas," he told CNBC Pro Talks on Wednesday. It's one area that still hasn't "experienced that kind of growth," he added.

Palo Alto shares have soared around 37% year-to-date, and analysts covering the stock give it a further 17% potential upside, according to FactSet. Some 77% of analysts covering the stock give it a buy rating. Shares of Crowdstrike have also jumped in the same period, up roughly 30%. According to FactSet, analysts give it a further 22% potential upside, with a 76% having a buy rating on the stock.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Market's tech focus is 'shortsighted,' with a broader bull run coming, portfolio manager saysThe market's affinity for Big Tech stocks this year is shortsighted, according to portfolio manager Freddie Lait, who said the next bull market phase will broaden out.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

'Foreign investors are back': Japan stocks surge to their highest since 1990Japan's Topix marked a 33-year high on revived hopes for Japanese equities, with the index outperforming its regional peers year-to-date.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »