In a recent episode of CNBC’s ‘Mad Money Lightning Round,’ Jim Cramer shared his investment recommendations for CyberArk Software, Aurora Innovation, Costco Wholesale, SharkNinja, and Huntington Ingalls Industries. Cramer highlighted CyberArk’s strong position in the market, expressed preference for Tesla over Aurora Innovation in the self-driving technology sector, and praised Costco’s consistent performance. He also expressed enthusiasm for SharkNinja, seeing its potential for success depending on the outcome of the upcoming election. However, he expressed concern about Huntington Ingalls’ recent financial performance.
Results for: CyberArk Software
RBC Capital Markets analyst Matthew Hedberg initiates coverage of CyberArk Software with an Outperform rating, citing strong growth potential in the identity security market. Hedberg expects CyberArk’s recent acquisition of Venafi to accelerate growth and believes the company can maintain a 20% organic growth rate for several years.