SCWX - SecureWorks: Better Off Investing Elsewhere
SecureWorks (SCWX), the Dell-controlled cybersecurity vendor that applies machine intelligence toward cyber threat detection, has continued its recent hot streak. The company reported Q2 earnings last week that, like last quarter, dazzled investors and beat Wall Street's estimates on both the top and bottom lines. For a stock that was rather flattish on the growth front for most of last year, and suffered a sharp stock pullback in consequence, SecureWorks is having a banner year. Year to date, shares of SecureWorks are up more than 55%, vastly outperforming its peers in the software