Actionable news
All posts from Actionable news
Actionable news in CUDA: BARRACUDA NETWORKS Inc,

Check Point Software Still a Bargain Within Cyber Security Group


With worse-than-expected results recently released from cyber security specialist Barracuda Networks (CUDA) , which sent its stock plummeting 35%, investors looking for value should consider Check Point Software (CHKP - Get Report) , which has beaten Wall Street's earnings-per-share (EPS) estimates in ten straight quarters.

Preventing cyber criminals and hackers from stealing sensitive data has been a profitable business for Check Point, which reports third-quarter earnings before the opening bell Monday. The Tel Aviv, Israel-based software giant, which does business with some 98% of Fortune 500 companies, has a firm hold in a thriving cyber security market, making it tough for its competitors to breach.

Check Point shares have...