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31 Results for "cybersecurity".
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Growth Stocks
FAIR ISAAC CORP. $96
FAIR ISAAC CORP. $96
(New York symbol FICO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 31.4 million; Market cap: $3.0 billion; Price-to-sales ratio: 3.5; Dividend yield: 0.1%; TSINetwork Rating: Average; www.fico.com)
is best known for its FICO Scores computer program, which helps lenders make better decisions about customer creditworthiness. It also makes software that helps credit card issuers control fraud and analyze cardholders’spending patterns. The company is now applying its banking expertise to other areas of cybersecurity. It recently won a patent for a system that monitors corporate networks for suspicious activity or online attacks. It received another patent for a similar program that helps power, gas and water utilities detect unusual consumption patterns. However, the stock trades at a high 29.4 times the $3.26 a share that Fair Isaac will probably earn in its 2016 fiscal year, which ends September 30, 2016....
1 min read
Pat McKeough
Growth Stocks
SYMANTEC CORP. $24.10 - Nasdaq symbol SYMC
SYMANTEC CORP. $24.10
(Nasdaq symbol SYMC; TSINetwork Rating: Average)
(650-527-8000;
www.symantec.com
; Shares outstanding: 680.7 million; Market cap: $16.1 billion; Dividend yield: 2.5%)
continues to strengthen its fast-growing cybersecurity business while getting set to split off its Veritas Technologies division.
Corporations are spending more on cybersecurity following highprofile attacks on Sony, Home Depot and Target. Symantec is taking advantage of this trend by hiring more programmers. It has also cancelled unprofitable contracts and simplified its product lines.
These moves cut the company’s profits by 10.2% in its fiscal 2015 fourth quarter, which ended April 3, 2015, to $299 million, or $0.43 a share, from $333 million, or $0.48. Sales fell 6.2%, to $1.55 billion from $1.65 billion—though if you disregard the U.S. dollar’s negative impact on Symantec’s overseas sales, its revenue rose 1%.
...
1 min read
Pat McKeough
Growth Stocks
SYMANTEC CORP. $18.82 - Nasdaq symbol SYMC
SYMANTEC CORP. $18.82
(Nasdaq symbol SYMC; TSINetwork Rating: Average)
(650-527-8000; www.symantec.com; Shares outstanding: 675.5 million; Market cap: $12.9 billion; Dividend yield: 3.2%)
continues to strengthen its fast-growing cybersecurity business. It’s also selling its data backup and recovery operation. In its fiscal 2016 second quarter, which ended October 2, 2015, Symantec’s earnings fell 9.3%, to $301 million, or $0.44 a share, from $332 million, or $0.48. Sales declined 7.4%, to $1.5 billion from $1.6 billion. Businesses continue to spend heavily to protect their data from online intruders. However, sales to consumers fell as the company shifts users to a cloudbased service. That will make it easier for them to receive security updates and encourage them to renew their subscriptions. Symantec expects to complete these conversions in mid-2016....
1 min read
Pat McKeough
Growth Stocks
Penny Stocks: Price jumps for Palo Alto
Palo Alto Networks saw its share price jump on high-profile computer hacks such as the recent attack on the Democratic National Committee.
2 min read
Pat McKeough
How To Invest
How to Invest in Artificial Intelligence: AI is here to stay, but will it offer long-term gains for investors
Many investors interested in new technologies wonder how to invest in artificial intelligence. Here’s how AI works—and how to profit from it.
4 min read
Scott Clayton
How To Invest
Inner Circle Hotline
The Successful Investor
BLACKBERRY LTD.
, $11.52, Toronto symbol BB, provides wireless communication services, mainly to businesses and government agencies.
The stock jumped 12% this week after an arbitrator awarded the company $814.9 million U.S....
12 min read
Pat McKeough
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