SAN FRANCISCO - If Alphabet's Google is successful in its effort to buy cloud security company Wiz, it would bolster its cloud security offerings for large organisations, a hotspot for hackers, and help it take on cloud rivals Amazon.com and Microsoft, experts said.
Google has been steadily expanding its cybersecurity offerings in recent years. Two years ago it bought the popular cyber firm Mandiant for $5.4 billion. Wiz was founded in 2020 at the height of the coronavirus pandemic, primed to benefit from the move towards remote work and the shift by organisations to cloud environments from desktops. Most large organisations have also shifted to storing their data on the cloud over the years, but that has come with security risks - especially as companies expand and become more complex.
Dave Dewalt, founder of the cyber-focused venture capital firm NightDragon, said Wiz's growth is the result of strong marketing and being "at the right place, at the right time, with the right product." Sure, Enbridge stock used to be a dividend giant, but I fear that's no longer the case. Yet this stock has a far better outlook. The post A Dividend Giant I’d Buy Over Enbridge Stock Right Now appeared first on The Motley Fool Canada.Looking for TSX stocks that could soar in the second half of 2024? Here are three high quality stocks set for long-term compounding gains. The post Bull Market: 3 TSX Stocks Set to Soar in 2024 appeared first on The Motley Fool Canada.