Cybersecurity looks set to boom over the next few years as AI capabilities like Mythos keep advancing. Investors have moved from treating all software as bad to favoring companies that help, work with or combat AI agents. By their charts over the past month, Fortinet, CrowdStrike and Palo Alto Networks look like the group's big three, and Fortinet held up regardless of CrowdStrike's and Palo Alto's results. x.com 

These twelve stocks could dominate the next era by meeting infrastructure and consumer demand. TSMC makes AI chips; Palo Alto Networks secures cloud; GE Aerospace earns engine-service revenue; IREN builds AI cloud; Broadcom supplies chips and networking; Intuitive Surgical sells surgical robots. Strategy offers bitcoin exposure; e.l.f. Beauty serves Gen Z; Robinhood expands finance; The Trade Desk serves advertisers; Walmart adds ads and memberships; Vistra powers AI data centers. x.com  x.com  … Show more

Security software is arguably more of an AI bubble than semiconductors. Firms are bid up to nosebleed multiples on moderate AI-related revenue acceleration while facing medium- to long-term risks from Microsoft, Google and the AI labs and a 10-year Treasury yield above 5%. Their forward P/Es rest on non-GAAP earnings that exclude large stock compensation. A reversal could come from results missing high buy-side bars, security share gains by Microsoft or Google, or AI lab security launches. x.com  … Show more

Palo Alto Networks has strong secular tailwinds as AI adoption drives platform market-share gains, so the winner should be left to run. Morgan Stanley named it a sector top pick, raised its target to $410 from $394 with an Overweight rating, and cited underestimated enterprise spending consolidation. The stock trades near 52-week highs. x.com 

Cybersecurity looks like AI's next major use case, making CrowdStrike, Palo Alto Networks and Okta stocks to own now. Nvidia CEO Jensen Huang said cybersecurity will be a major use case for AI, and that signal from Huang, more than any personal call, is the reason to pay attention to the group. x.com  x.com  x.com 

CrowdStrike and Palo Alto Networks are at all-time highs despite no real signs that AI is boosting cybersecurity, while Zscaler tumbled as mixed guidance overshadowed strong Q3 results. x.com 

An open letter from OpenAI, Anthropic, Google, Microsoft and 100+ organizations urging a global surge in cyber defense is a demand signal, telling every board to make security an immediate priority. CrowdStrike, Palo Alto Networks, Zscaler, Fortinet, SentinelOne, Okta, Cloudflare, Tenable, Rubrik and Akamai are positioned to benefit most. Nine of them signed the letter, and Rubrik sells resilience for attacks that get through. Palo Alto's next-gen security ARR grew 60%, and Rubrik's revenue 46%. … Show more

CrowdStrike and Palo Alto Networks benefit from AI because it creates more security problems, so companies will need more advanced cybersecurity, not less. More than half of enterprise AI use happens outside IT oversight. Per JPMorgan, both are in good shape after Anthropic launched its Claude Mythos Preview security tool: instead of competing with them, Anthropic made them partners, which JPMorgan reads as a sign established vendors are essential to AI-driven defense, not replaceable by it. … Show more

Palo Alto Networks is an expensive stock for the profit growth it will deliver over the next couple of years, despite another strong quarter and a promising annual guide. x.com  x.com 

Cybersecurity stocks have a powerful long-term tailwind because more AI means more complexity, more attack surface and more need for security. CrowdStrike, SentinelOne, Palo Alto Networks, Zscaler, Fortinet, Okta and Rubrik moved up strongly premarket after Anthropic CEO Dario Amodei published an essay arguing the AI industry should slow down, with Anthropic committing to give third-party evaluators permanent access to verify its safety measures. The market may be connecting those dots. x.com