Stocks worth investing in cybersecurity leaders like Palo Alto
Cybersecurity leaders like Palo Alto Networks and CrowdStrike remain stocks worth investing in, supported by rising enterprise security expenditure. CrowdStrike’s ARR hit $3.65B, up 33% YoY, as ransomware threats escalate globally. Although both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. U.S. biotech sector momentum positions Moderna and Vertex Pharmaceuticals as stocks worth investing in. Moderna is advancing an mRNA cancer vaccine now in Phase 3 trials, while Vertex reported record revenue of $2.69B in Q1 2024 from its cystic fibrosis treatments.
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