SAIL - Tenable Palo Alto top security stocks at Wedbush as earning season heats up

Tenable (NASDAQ:TENB) and Palo Alto Networks (NASDAQ:PANW) are the top two cyber security stocks at Wedbush, as the firm notes with earnings season heating up, the cyber security sector should have a "Joe Burrow-like" results. Analyst Dan Ives noted that Wall Street is underestimating the "massive strength" in the space and when combined with an uptick in federal spending, there should be a large tailwind in the sector for the next six to 12 months. The Joe Burrow mention is a reference to the Cincinnati Bengals quarterback, who helped lead the team to an upset victory over the heavily favored Kansas City Chiefs in the AFC Championship game. "The Colonial Pipeline ransomware attack was ultimately the 'straw that broke the camel's back' for many enterprises in the midst of pursuing digital transformation paths as the stepped up threat levels today (China/Russia hacks, malware, bad actors) has reached a feverish pitch

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Tenable, Palo Alto top security stocks at Wedbush as earning season heats up