In a highly competitive and ever-evolving space, CyberArk Software (CYBR)
looks like an interesting security name to me. Although there’s
controversy and debate about the true size of the Privileged Access
Management market, I believe it is a meaningful “second line of defense”
that will be increasingly important to mid-sized and larger
enterprises, giving CyberArk a chance to further penetrate a market that
I believe could be worth somewhere around $5 billion. The valuation
isn’t quite where I’d like to be, though, so this is a name I’m
relegating to the watch list in the hope of getting a better entry price
in the next year or two.
Continue here:
CyberArk Worth Watching For Pullbacks
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