CyberArk (CYBR) Up 28% YTD: Is the Stock Still Worth Buying?
CYBRCyberArk Software(CYBR) ZACKS·2024-08-20 21:27

CyberArk Software, Ltd. (CYBR) has shown impressive resilience and growth in 2024, with its stock price climbing 28.5% year to date (YTD). This stellar performance underscores investors' confidence in the company's strong fundamentals despite the broader economic uncertainties.CyberArk's surge has outpaced not only the Zacks Computer – IT Services sector, which has risen 1.6% over the same period, but also the broader Zacks Computer and Technology sector and the S&P 500, which have advanced 20.7% and 16.5%, ...