Are Top Security Stocks Well Positioned During The Coronavirus Pandemic?
When it comes to security stocks, it can refer to a diverse range of companies. This includes anything from home security to cybersecurity. When there are large cybersecurity breaches it can cause those security stocks to go down. If there is a decline in customers installing home security systems, those security stocks can drop as well. When there is advancements made in the cybersecurity sector it will see those security stocks go up. This applies the same for home security and other types of security stocks.
Many businesses rely on security companies keeping them safe as well. This means that regardless of what is going on in our society, security will always be necessary. One issue security companies dealt with recently was the looting result of recent protests across the United States. Many security systems in place were unable to stop people from looting stores. So anything really can affect security stocks making them somewhat volatile.
There has been many security stocks trending in the stock market lately. While the economic crisis did affect security stocks, some have been able to recover. This may help you find some potential security stocks to buy. The market is always volatile but if you do your research it is possible to make a profit with security stocks. So now let’s look at two security stocks to watch that have been on the rise.
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Top Security Stocks To Buy [Or Sell] In July 2020: G4S plc
The first security stock to watch is G4S plc (GFSZY Stock Report) due to its recent uptick. G4S is a multinational security company based in England. The company was founded in 2004 and supplies security personnel, equipment, prison transport, and more. G4S has worked with governments as well. By revenue, G4S is the largest security company in the world. Currently, G4S operates in over 90 countries. G4S is also the world’s third-largest private employer at 570,000 employees.
When the economy crashed GFSZY stock fell over 69%. Starting at a price of $13 a share, GFSZY stock price dropped all the way around $4 a share. Since then, GFSZY stock has managed to start rising back up. While GFSZY stock price is not near what it once was, it is still on the rise. On July 2nd, GFSZY stock rose up 3.5% from $7.12 to $7.37. GFSZY stock price is already up over 84% from the low it previously reached.
If GFSZY stock can keep up the momentum it currently has, it has the potential to recover. While it is unsure what will happen, these recent gains are a good sign for GFSZY stock price. Seeing a rise of 3.5% in just one day is important for investors of GFSZY stock. So stay updated on news for this security stock if you are looking to invest.
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Top Security Stocks To Buy [Or Sell] In July 2020: ADT Inc.
The next security stock to watch is ADT Inc. (ADT Stock Report) due to its recent recovery. ADT is a security company that provides for residential locations and businesses. It also focuses on fire protection and other alarm monitoring devices as well. It was founded in 1874 and is based in Boca Raton, Florida. In 2016 ADT was purchased by Apollo Global Management for $6.9 billion. ADT has over 6 million customers in over 200 locations in the United States.
Before the economy fell, ADT stock was around $7 a share. Then, ADT stock price dropped as low as $3.72 a share. This 46% decrease was not good for investors of ADT stock. But since this fall, ADT stock price has risen back up to $7.72 a share on average as of July 6th. This means that ADT stock has made a full recovery. In fact, ADT stock price is higher than it was before the economic crash.
Bottom Line
ADT has managed to stay afloat despite these bad economic times. It also seems like GFSZY stock could be on the rise as well. There is a lot to consider when looking for potential security stocks to buy. Many security stocks are rising in the market. These two security stocks show that this sector has the potential to rise and or recover. So it is important to do proper research and invest where you think it will be best.
