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Harsh has been covering technology, and sometimes retail, since 2011. He is focused on finding great businesses for the long run. You can follow him on twitter @techjunk13 Follow @techjunk13
Check Point Software Technologies (NASDAQ:CHKP) hasn t been a top cybersecurity stock over the years when measured against its peers. The company s growth has been quite underwhelming compared to the broader cybersecurity market, translating into poor stock market returns.
The good news, however, is that Check Point is showing signs of a turnaround. It has been making moves to tap the fast-growing cloud security market, which seems to be reaping results. But can Check Point grow fast enough to remain competitive in the cybersecurity market and deliver strong upside to investors in the long run? Let s find out.
If you have Amazon Alexa, Echo or a Ring Doorbell, the company is launching Amazon Sidewalk to help you keep those devices connected even if your wifi goes out. But cyber experts say it can also leave you open to hackers.