Every company needs a shield

More digital activity means more security spending.

By AKA Studio

What’s inside

• PANW Palo Alto Networks: Arora says $1 trillion of cyber infrastructure must be modernized for AI-speed threats
• CRWD CrowdStrike: Record net new ARR of $333M; Kurtz calls securing AI the largest opportunity in its history
• FTNT Fortinet: Network security spend keeps compounding as more devices and sites come online
• ZS Zscaler: Zero-trust access scales directly with cloud apps and remote digital activity
• MSFT Microsoft: Sells both the AI workloads and the identity and security stack that protects them
• NET Cloudflare: Sits in front of AI apps and APIs as traffic and bot attacks grow
• PLTR Palantir Technologies: Government and enterprise demand for governed, auditable AI deployments
• DDOG Datadog: More cloud and AI workloads mean more telemetry, monitoring and security analytics seats
• IBM IBM: Enterprise security services and old estates being modernized against AI-speed threats
• CSCO Cisco: Named a direct competitor in security; bundles security into every network refresh
• AKAM Akamai Technologies: Edge security and DDoS protection scale with internet traffic volume

Why it could work

More digital activity means more security spending. The basket combines direct participants and broader suppliers.

What could break it

Adoption could disappoint, competition could weaken margins, or high valuations could already price in the trend. Some holdings are broad, indirect proxies.

For learning only. Not investment advice.