** CrowdStrike shares are up ~37% this year, as the cybersecurity company impressed its investors and analysts by handling the July 19 Windows-outage, which disrupted internet services globally
** Customers are benefiting from CRWD's "customer commitment packages" designed to boost customer relationships by offering flexible access to the company's products, analysts have said
** Fortinet shares, which are up ~63% this year, have outperformed the cybersecurity stocks; analysts have said that the company has an opportunity in the mid-market segment
** Palo Alto Networks' shares are seen ending the year with ~25% gains, as it continues to benefit from consolidation efforts, standardizing security operations on a single platform
** Among peers, Zscaler down ~17%, SentinelOne down ~18% and Okta down ~12% this year, as they grapple with stiff competition from bigger rivals
** Datadog shares up 19%, while Dynatrace down 0.6% this year
** Cybersecurity companies have seen strong demand due to growing security incidents, which have hit companies including Microsoft , Walt Disney and AT&T this year
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Security Stocks
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; ))
Comments