S - 1 Magnificent Stock Down 78% to Buy Hand Over Fist
2024-06-05 05:29:00 ET
When it comes to corporate computer security, 93% of security operations centers within companies still rely on manual, human-led processes, according to Palo Alto Networks (NASDAQ: PANW) . Unfortunately, humans aren't equipped to deal with the high volume of cyberthreats faced by modern organizations, which means 23% of security alerts are left uninvestigated.
That creates unacceptable vulnerabilities, and artificial intelligence (AI) is one of the most powerful solutions to this problem. SentinelOne (NYSE: S) specializes in automated cybersecurity software driven by AI, which reduces the workload on human operators so that fewer incidents slip through.
SentinelOne stock is trading 78% below its all-time high that was set during the 2021 tech frenzy. However, the company has done nothing but grow since then, so here's why it might be a great buying opportunity.
For further details see:
1 Magnificent Stock Down 78% to Buy Hand Over Fist