The Latest Breaking News from CHKP

Check Point Software (NASDAQ:CHKP) has outperformed the market over the past 15 years by 4.97% on an annualized basis producing an average annual return of 12.92%. Currently, Check Point Software has a market capitalization of $18.46 billion.

Over the past 3 months, 8 analysts have published their opinion on Check Point Software (NASDAQ:CHKP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Rapid digitalization and cloud migration across industries have increased businesses’ vulnerability to cyberattacks, ransomware attacks, and large-scale data breaches. So, surging demand for cybersecurity solutions should benefit prominent players in this space Palo Alto Networks (PANW) and Check Point Software (CHKP). But which of these stocks is a better buy…

The major market indexes have been experiencing high volatility since the beginning of the year, and tech stocks have been worst affected. However, tech stocks VMware (VMW), Hewlett Packard Enterprise (HPE), Check Point Software Technologies (CHKP), and Concentrix (CNXC) have managed to buck the recent downtrend and have delivered positive…