Large and Small Cybersecurity Stocks to Watch

The cybersecurity sector is having a strong month, and there are opportunities for investors to profit. From billion-dollar multinational corporations to small-cap specialists, there is something for every sort of investor. 
Cisco Systems (NASDAQ:CSCO) and Avante Logixx (TSXV:XX) are two companies that may be set to benefit from the current positivity in the cybersecurity market. Here’s a brief overview of what they’re up to and what makes them exciting.

Cisco Systems

Cisco Systems designs, manufactures and markets products for the information technology industry, providing companies with internet protocol-based services. The company spans the Americas, Europe, the Middle East, Africa, Asia Pacific, Japan and China. Although Cisco Systems might not fit the classical definition of a cybersecurity stock, the products it creates are essential to the success of this industry.
Global Financial Private Capital’s CIO Chris Bertelsen agrees with this assertion. He believes that Cisco is a good bet for investors, as shares are cheap and the company is poised to benefit from a new CEO and internal restructuring. Currently, shares of the company — which has a market cap $139.13 billion — are trading at $27.27. He explains: “[i]t may sound a little boring but Cisco is one of my favorites. They’re not exactly cybersecurity, but everything goes through routers and servers. They’re right in the forefront of it.”

Avante Logixx

However, not every investor is looking to invest in a huge corporation. Canada-based security company Avante Logixx is another much smaller-scale option for investment. With a market cap of only $17.9 million, the company is nonetheless doing interesting things. Through its subsidiaries, Avante Logixx enables personal and commercial security and safety, security monitoring, advanced video analytics, automation and real-time monitoring in various sectors. Its SmartBoxx technology platform offers functionality for applications in both security and other sectors.
Shares of the company are currently trading hands at $0.245, and have risen 13.95 percent since last Thursday. On Monday, 93,000 shares traded hands — a 126.16-percent increase from the average. However, on Tuesday this figured settled back down to 21,000.

Investor takeaway

While big companies like Cisco Systems may appeal to cybersecurity investors, smaller niche companies like Avante Logixx also have an important position in the market. It’s up to investors to make their own decisions, weighing the potential risks and rewards between the two.
 
Securities Disclosure: I, Morag McGreevey, hold no direct investment interest in any company mentioned in this article.