2 Super Cybersecurity Stocks to Buy Hand Over Fist as 2025 Approaches

Industry Overview - Businesses are projected to spend a record amount on cybersecurity software, with a forecasted increase from $150 billion in 2021 to$239 billion by 2025, reflecting a 12.4% annual growth rate [1] - Cybercrime is expected to cost the global economy $10.5 trillion by 2025, indicating a significant need for increased cybersecurity investment [1] Company Analysis: SentinelOne - SentinelOne utilizes artificial intelligence in its Singularity platform to enhance threat detection and incident response, allowing for faster reactions to security breaches [3] - The company reported$199 million in revenue for Q2 2024, marking a 33% increase year-over-year, outpacing competitors like CrowdStrike and Palo Alto Networks [4] - Despite strong growth, SentinelOne's stock trades at a price-to-sales (P/S) ratio of 10.3, which is significantly lower than its competitors, suggesting potential undervaluation [5] Company Analysis: Tenable - Tenable specializes in vulnerability management with its Nessus platform, which is the most widely deployed tool in its category, boasting over 2 million downloads [6] - The company generated $221.2 million in revenue during Q2 2024, exceeding management's forecast and representing a 13% year-over-year growth [8] - Tenable has introduced new AI-driven products like ExposureAI and AI Aware, which could catalyze future growth, especially given its current P/S ratio of 5.5, which is lower than that of Palo Alto Networks [8]