Information technology security is among the biggest concerns of governments and corporations. This sector has been demonstrating strong growth and has attracted significant interest from investors.

Less well known to the general public, CyberArk (CYBR), an Israeli company listed on the Nasdaq, is a company worth looking at. Indeed, unlike many other companies in the security area, it is profitable and should see earnings growth of over 30% on 2016. Sales are expected to increase by 25%, rising from USD 160mio to over 200mio this year.

The share price declined significantly last summer during the correction in technology stocks. The current price is USD 39 with 12 month price targets over USD 50. Earnings expected on may 5th. Caution: volatile stock!

This is not a recommendation but just our opinion. Please consult with your financial advisor before investing!