Sunday, July 8, 2018

CyberArk Worth Watching For Pullbacks

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.

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CyberArk Worth Watching For Pullbacks

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