Markets

The Zacks Analyst Blog Highlights: PureFunds ISE Cyber Security ETF, Fortinet, Qualys and Cyber Ark

For Immediate Release

Chicago, IL - May 03, 2016 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the PureFunds ISE Cyber Security ETF ( HACK ), Fortinet ( FTNT ), Qualys ( QLYS ) and Cyber Ark ( CYBR ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .

Here are highlights from Monday's Analyst Blog:

Cyber Security Stock in Focus

After a series of high profile hacking events, there wasn't a segment of the market that was hotter than the cyber security world. Stocks here were very strong performers and investors saw the launch of an ETF tracking the segment too, the PureFunds ISE Cyber Security ETF ( HACK ). This was easily one of the most popular funds to launch in quite some time and clearly struck a chord with investors.

However, this may have been a case where the industry hype got ahead of the fundamentals. Shares were in deep trouble over much of the past year and they have easily underperformed the market over the past year.

There has been a bit of a turnaround as of late though, as small cap stocks have come back, and there has been a return to growth names overall. We also saw a decent earnings report from Fortinet ( FTNT ) last week, as the company missed earnings, but beat revenues and gave upbeat guidance for the year ahead. This could put the pressure on two other companies that are reporting this week, Qualys ( QLYS ) and Cyber Ark ( CYBR ).

Both of these companies have a decent track record in earnings season and are looking to continue their streaks with their upcoming reports. Meanwhile, both members of the duo have Zacks Rank #3 (hold) rankings too, so we take a closer look at these ahead of their earnings to see what the trend is for each leading into their reports.

Make sure to watch our short video for a more in-depth discussion of these companies, and which are looking the most (and least) promising this earnings season!

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

PURFDS-ISE CYBR (HACK): ETF Research Reports

FORTINET INC (FTNT): Free Stock Analysis Report

QUALYS INC (QLYS): Free Stock Analysis Report

CYBER-ARK SFTWR (CYBR): Free Stock Analysis Report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

FTNT HACK CYBR QLYS

Other Topics

Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More