Cloud computing is an everyday reality for any business that is serious about its digital transformation plans. And while we hear the buzzword “cloud” almost everyday, the reality is that many large corporations are still in the early phases of this transition, with some applications/data in the cloud and other applications/data residing in a company’s own data center. This scenario, however, introduces new cybersecurity challenges, one that legacy vendors with expertise in securing company-owned facilities are unable to address.

7investing Lead Advisor Anirban Mahanti’s recommendation for April 2021 is a founder-led, fast-growing cybersecurity specialist that addresses the myriad security challenges of the new cloud-era. With a sticky customer base, plenty of upsell opportunities, a strong balance sheet, a large addressable market, and a history of strong execution, this company has the potential to deliver outsized returns for the patient, long-term focussed investor.

Transcript

It’s no secret that businesses are increasingly adopting cloud computing technologies. That ranges from moving servers and storage to the cloud to relying on cloud-based software applications. But the increasing use of cloud technologies is rendering legacy security solutions, which are the mainstay of today’s enterprises, increasingly ineffective.

I am 7investing lead advisor Anirban Mahanti.

The business I’m recommending this month is a leader in the cybersecurity space. Its platform was born in the cloud for the cloud era. Led by a visionary entrepreneur, the business has experienced rapid sales growth, with class-leading retention rates. With significant data-driven machine learning advantages and a big market opportunity, I think this stock offers patient long-term investors the potential for market-beating returns.

To gain access to all 7 stocks we recommend this month, including the company I just described, just go to seveninvesting.com/subscribe or click the link at the end of this video.

I am 7investing lead advisor Anirban Mahanti. We are here to empower you to invest in your future by providing our top 7 stock ideas, every month, for just $49 per month.