<p>投资者对云计算和人工智能行业抱有很高的期望。这两个行业都承诺将改变技术格局，并在此过程中为投资者带来可观的回报。</p>
<p>然而，没有足够的网络安全保障，这两个行业的成功几乎是不可能的。投资者并没有忽视这一事实，这也是为什么许多顶级股票在这一行业的交易价格显著溢价。</p>
<p>尽管如此，这些溢价并不高到投资者无法现在购买其中一些股票并在未来十年内获得丰厚利润的程度。特别是，我建议考虑在这些网络安全股票中开仓。</p>
<h2>CrowdStrike</h2>
<p>一些投资者可能会对 <strong>CrowdStrike</strong>(CRWD -0.89%) 持谨慎态度。由于其为运行 <strong>Microsoft</strong> Windows 操作系统的机器更新的安全软件引发的全球 IT 故障，使其股票大幅下跌。即便在事件发生后，其市销率 (P/S) 反弹至 24，说明这只股票变得多么昂贵。</p>
<p>值得称赞的是，CrowdStrike 迅速对问题承担责任并迅速发布了修复方案。这似乎帮助维持了客户对公司的信心，客户并没有大量流失其平台。</p>
<p>虽然投资者最熟悉的是其终端安全产品，但 CrowdStrike 的 Falcon 平台提供多种类型的安全产品。因此，该公司的平均客户订阅了七个模块。此外，许多公司更倾向于通过一家企业处理所有网络安全需求来简化其技术关系。这一趋势似乎正在帮助 CrowdStrike。</p>
<p>IT 故障发生在 7 月，接近该公司 2025 财年第二季度的结束。因此，它对该季度（截至 7 月 31 日）964 百万美元的收入没有产生显著影响。总收入仍同比增长 32%。此外，费用增长放缓帮助其在 2025 财年第二季度实现了 4700 万美元的净收入，远超去年同期的 850 万美元利润。</p>
<p>股东将在 11 月 26 日发布的 2025 财年第三季度财报中更清楚地了解故障对 CrowdStrike 财务的影响。然而，投资者似乎已经基本上走出了这一事件，表明他们认为这可能不会破坏 CrowdStrike 的长期增长故事。</p>
<h2>SentinelOne</h2>
<p>与 CrowdStrike 类似，<strong>SentinelOne</strong>(S -1.99%) 专注于终端安全。然而，它在其他方面脱颖而出，特别是采用了以人工智能为先的方式。与许多其他平台不同，它不依赖于恶意软件签名的发现。相反，它监控行为以识别威胁，这可能为其带来竞争优势。</p>
<p>此外，其平台可以在多个第三方产品和服务中扩展，使其能够轻松适应客户的网络。SentinelOne 还设计了用户友好的软件，使用户能够轻松部署、监控威胁和进行调查。</p>
<p>其软件变得越来越受欢迎。在其 2025 财年第二季度（截至 7 月 31 日），其收入同比增长 33%，达到 1.99 亿美元。虽然尚未实现盈利，但它在控制成本方面表现良好，因此运营费用仅增长了 11%。这使其净亏损为 6900 万美元，而去年同期为 9000 万美元。</p>
<p>诚然，该股票今年表现不佳。在 2024 财年，其收入增长为 47%，因此其当前的增长率反映出显著放缓。尽管如此，其市销率为 11，可能对寻找网络安全领域低成本替代方案的投资者具有吸引力，这可能使 SentinelOne 股票有望实现显著增长。</p>
<h2>Zscaler</h2>
<p><strong>Zscaler</strong>(ZS -1.67%) 是另一家安全公司，处于有利位置以利用组织对网络安全日益增长的需求。与 CrowdStrike 一样，它提供多种安全产品。然而，尽管该公司宣传其云原生基础设施，但其专长是零信任安全。</p>
<p>零信任系统的前提是，任何试图进入网络的人都是攻击者。因此，每个用户必须通过特定设备或位置等标准证明其凭证。一个人在组织中的角色通常决定了该人可以访问网络的哪些区域，以及访问的程度。这可以限制攻击者使用一组被泄露的凭证所能造成的损害。</p>
<p>这种方法帮助 Zscaler 在其 2024 财年第四季度（截至 7 月 31 日）将收入提升了 30%，达到 5.93 亿美元。其收入增长略高于费用增长，使其将净亏损从去年同期的 3100 万美元减少到 1500 万美元。</p>
<p>与同行一样，过去几年的增长放缓使投资者对 Zscaler 股票感到失望。尽管如此，网络安全行业仍在持续扩张，因此即使增长率放缓，Zscaler 仍可能在未来几年受益于强劲的收入增长。考虑到其预期增长，其 14 的市销率可能不会抑制投资者对 Zscaler 股票的兴趣。</p>

CRWD

<p>投资者对云计算和人工智能领域持乐观态度，认识到网络安全在其成功中的关键作用。值得考虑的三只网络安全股票作为长期投资是 CrowdStrike、SentinelOne 和 Zscaler。尽管最近发生了 IT 故障，CrowdStrike 仍表现出韧性，保持了强劲的收入增长。SentinelOne 采用以人工智能为先的策略，收入显著增长，尽管尚未实现盈利。Zscaler 专注于零信任安全，尽管增长率放缓，但其收入仍在持续增长。总体而言，网络安全行业预计将扩展，为投资者提供潜在机会</p>

<p>Investors have high expectations for the cloud and AI industries. They both promise to transform the technology landscape, and should bring significant returns to investors along the way.</p>
<div class="lb-trans"><p>投资者对云计算和人工智能行业抱有很高的期望。这两个行业都承诺将改变技术格局，并在此过程中为投资者带来可观的回报。</p>
</div><p>However, the success of both will be next to impossible without adequate cybersecurity. Investors have not ignored this fact, which is why many of the top stocks in this industry trade at a significant premium.</p>
<div class="lb-trans"><p>然而，没有足够的网络安全保障，这两个行业的成功几乎是不可能的。投资者并没有忽视这一事实，这也是为什么许多顶级股票在这一行业的交易价格显著溢价。</p>
</div><p>Still, those premiums are not so high that investors cannot buy shares of some of them now and profit handsomely over the next decade. In particular, I'd suggest considering opening positions in these cybersecurity stocks.</p>
<div class="lb-trans"><p>尽管如此，这些溢价并不高到投资者无法现在购买其中一些股票并在未来十年内获得丰厚利润的程度。特别是，我建议考虑在这些网络安全股票中开仓。</p>
</div><h2>CrowdStrike</h2>
<div class="lb-trans"><h2>CrowdStrike</h2>
</div><p>Some investors may understandably look at <strong>CrowdStrike</strong>(CRWD -0.89%) with a wary eye. A global IT outage set off by an update to its security software for machines running <strong>Microsoft</strong>'s Windows operating system sent its stock reeling. The fact that even after that event, its price-to-sales (P/S) ratio has rebounded to 24 speaks to how expensive this stock has become.</p>
<div class="lb-trans"><p>一些投资者可能会对 <strong>CrowdStrike</strong>(CRWD -0.89%) 持谨慎态度。由于其为运行 <strong>Microsoft</strong> Windows 操作系统的机器更新的安全软件引发的全球 IT 故障，使其股票大幅下跌。即便在事件发生后，其市销率 (P/S) 反弹至 24，说明这只股票变得多么昂贵。</p>
</div><p>To its credit, CrowdStrike quickly took responsibility for the issue and issued a fix rapidly. This seems to have helped maintain confidence in the company, and clients have not fled its platform in significant numbers.</p>
<div class="lb-trans"><p>值得称赞的是，CrowdStrike 迅速对问题承担责任并迅速发布了修复方案。这似乎帮助维持了客户对公司的信心，客户并没有大量流失其平台。</p>
</div><p>Although investors know it best for its endpoint security offerings, CrowdStrike's Falcon platform offers an array of types of security products. As a result, the company's average customer subscribes to seven of its modules. Moreover, many companies prefer to simplify their tech relationships by having a single company handle all their cybersecurity needs. That trend appears to be helping CrowdStrike.</p>
<div class="lb-trans"><p>虽然投资者最熟悉的是其终端安全产品，但 CrowdStrike 的 Falcon 平台提供多种类型的安全产品。因此，该公司的平均客户订阅了七个模块。此外，许多公司更倾向于通过一家企业处理所有网络安全需求来简化其技术关系。这一趋势似乎正在帮助 CrowdStrike。</p>
</div><p>The IT outage occurred in July, near the end of the company's fiscal 2025 second quarter. Hence, it didn't register meaningfully on the $964 million in revenue that it booked for that quarter (which ended July 31). The top line still rose 32% year over year. Also, slower expense growth helped it book $47 million in net income for fiscal Q2, far surpassing its $8.5 million profit in the year-ago quarter.</p>
<div class="lb-trans"><p>IT 故障发生在 7 月，接近该公司 2025 财年第二季度的结束。因此，它对该季度（截至 7 月 31 日）964 百万美元的收入没有产生显著影响。总收入仍同比增长 32%。此外，费用增长放缓帮助其在 2025 财年第二季度实现了 4700 万美元的净收入，远超去年同期的 850 万美元利润。</p>
</div><p>Shareholders will get more of an idea about how the outage is impacting CrowdStrike's financials when it releases its fiscal Q3 numbers on Nov. 26. However, investors seemed to have largely moved on, suggesting that they feel it probably won't derail CrowdStrike's long-term growth story.</p>
<div class="lb-trans"><p>股东将在 11 月 26 日发布的 2025 财年第三季度财报中更清楚地了解故障对 CrowdStrike 财务的影响。然而，投资者似乎已经基本上走出了这一事件，表明他们认为这可能不会破坏 CrowdStrike 的长期增长故事。</p>
</div><h2>SentinelOne</h2>
<div class="lb-trans"><h2>SentinelOne</h2>
</div><p>Like CrowdStrike, <strong>SentinelOne</strong>(S -1.99%) specializes in endpoint security. However, it stands out in other ways, namely by employing an AI-first approach. Unlike many other platforms, it does not rely on the discovery of malware signatures. Rather, it monitors behavior to identify threats, which can give it a competitive advantage.</p>
<div class="lb-trans"><p>与 CrowdStrike 类似，<strong>SentinelOne</strong>(S -1.99%) 专注于终端安全。然而，它在其他方面脱颖而出，特别是采用了以人工智能为先的方式。与许多其他平台不同，它不依赖于恶意软件签名的发现。相反，它监控行为以识别威胁，这可能为其带来竞争优势。</p>
</div><p>Additionally, its platform is scalable across multiple third-party products and services, making it easily adaptable to customers' networks. SentinelOne has also designed its software to be user-friendly, making it simple for users to deploy, monitor threats, and conduct investigations.</p>
<div class="lb-trans"><p>此外，其平台可以在多个第三方产品和服务中扩展，使其能够轻松适应客户的网络。SentinelOne 还设计了用户友好的软件，使用户能够轻松部署、监控威胁和进行调查。</p>
</div><p>Its software has become increasingly popular. In its fiscal 2025 second quarter (which ended July 31), its revenue rose 33% year over year to $199 million. While it has not achieved profitability yet, it's been holding the line on costs, so operating expenses rose by only 11%. That left it with a net loss of $69 million compared to $90 million in the prior-year period.</p>
<div class="lb-trans"><p>其软件变得越来越受欢迎。在其 2025 财年第二季度（截至 7 月 31 日），其收入同比增长 33%，达到 1.99 亿美元。虽然尚未实现盈利，但它在控制成本方面表现良好，因此运营费用仅增长了 11%。这使其净亏损为 6900 万美元，而去年同期为 9000 万美元。</p>
</div><p>Admittedly, the stock has struggled this year. In its fiscal 2024, its revenue growth was 47%, so its current growth rate reflects a significant slowdown. Nonetheless, its P/S ratio of 11 might be attractive to investors looking for lower-cost alternatives in the cybersecurity space, which could put SentinelOne stock on track for significant growth.</p>
<div class="lb-trans"><p>诚然，该股票今年表现不佳。在 2024 财年，其收入增长为 47%，因此其当前的增长率反映出显著放缓。尽管如此，其市销率为 11，可能对寻找网络安全领域低成本替代方案的投资者具有吸引力，这可能使 SentinelOne 股票有望实现显著增长。</p>
</div><h2>Zscaler</h2>
<div class="lb-trans"><h2>Zscaler</h2>
</div><p><strong>Zscaler</strong>(ZS -1.67%) is another security company well-positioned to capitalize on organizations' growing need for cybersecurity. Like CrowdStrike, it offers numerous security products. However, while the company touts a cloud-native infrastructure, its specialty is zero-trust security.</p>
<div class="lb-trans"><p><strong>Zscaler</strong>(ZS -1.67%) 是另一家安全公司，处于有利位置以利用组织对网络安全日益增长的需求。与 CrowdStrike 一样，它提供多种安全产品。然而，尽管该公司宣传其云原生基础设施，但其专长是零信任安全。</p>
</div><p>A zero-trust system starts from the assumption that anyone attempting to enter a network is an attacker. Hence, every user must prove their credentials through criteria such as specific devices or locations. One's role in the organization usually determines precisely what areas of the network the person has access to, and to what degree. This can limit the damage an attacker can do with a single set of compromised credentials.</p>
<div class="lb-trans"><p>零信任系统的前提是，任何试图进入网络的人都是攻击者。因此，每个用户必须通过特定设备或位置等标准证明其凭证。一个人在组织中的角色通常决定了该人可以访问网络的哪些区域，以及访问的程度。这可以限制攻击者使用一组被泄露的凭证所能造成的损害。</p>
</div><p>This approach helped Zscaler boost its revenue by 30% to $593 million in the fourth quarter of its fiscal 2024, which ended July 31. Its revenue growth tracked slightly ahead of its expense growth, allowing it to cut its net loss to $15 million from $31 million in the prior-year quarter.</p>
<div class="lb-trans"><p>这种方法帮助 Zscaler 在其 2024 财年第四季度（截至 7 月 31 日）将收入提升了 30%，达到 5.93 亿美元。其收入增长略高于费用增长，使其将净亏损从去年同期的 3100 万美元减少到 1500 万美元。</p>
</div><p>As with its peers, a slowing growth rate from past years soured investors on Zscaler stock. Nonetheless, the cybersecurity industry is on track for continued expansion, so even if growth rates slow down, Zscaler will likely benefit from robust revenue increases for years to come. Considering its expected growth, its 14 P/S ratio probably shouldn't douse investors' interest in Zscaler stock.</p>
<div class="lb-trans"><p>与同行一样，过去几年的增长放缓使投资者对 Zscaler 股票感到失望。尽管如此，网络安全行业仍在持续扩张，因此即使增长率放缓，Zscaler 仍可能在未来几年受益于强劲的收入增长。考虑到其预期增长，其 14 的市销率可能不会抑制投资者对 Zscaler 股票的兴趣。</p>
</div>

未来十年你可以买入并持有的 3 只网络安全股票