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

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Portfolio manager Philip Ripman says cybersecurity hasn't yet 'experienced that kind of growth,' and names two of his favorite stocks to play it.

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.

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