Sourcefire, Inc. (FIRE), Symantec Corporation (SYMC): Finding Strength in Security

Lets take a look at another major player in the cyber security industry, Sourcefire, Inc. (NASDAQ:FIRE), the creator of intelligent cyber security solutions. Sourcefire, Inc. (NASDAQ:FIRE), like Symantec, targets large organizations and government agencies as potential clients. The company offers its clients a basket of options including network security and malware defense products. Recently, the company has focused it efforts on malware protection to differentiate itself from competitors. A recent press release from the company announced that Sourcefire, Inc. (NASDAQ:FIRE)‘s Advanced Malware Protection solutions are the only offerings that add a continuous capability to its malware blocking, going beyond point-in-time detection to confirm an infection, trace its path, analyze its behavior, remediate its targets and report on its impact regardless of when a file is determined to be malware. This technology will allow consumers to quickly determine the extent of the problem and the steps necessary to regain security. Going forward, as more companies aim to defend against malware, Sourcefire, Inc. (NASDAQ:FIRE) stands to capture this business. Analysts as of late have gotten behind the company, and it is now expected that Sourcefire, Inc. (NASDAQ:FIRE) will grow earnings at rates over 20% for the next five years.

Wrap-Up

As cyber security becomes increasingly important and necessary in today society both Symantec and Sourcefire, Inc. (NASDAQ:FIRE) are in unique positions to benefit. Symantec Corporation (NASDAQ:SYMC) provides an impressive list of customers mobile, enterprise, and cloud security solutions to meet a variety of needs. As mobile and cloud technology expands, Symantec Corporation (NASDAQ:SYMC), with its deep product portfolio, is in a good position to capture market share in the years ahead. Sourcefire is a market leader in both network security technology and malware protection solutions.

The article Finding Strength in Security originally appeared on Fool.com and is written by Nathaniel Matherson.

Nathaniel Matherson has no position in any stocks mentioned. The Motley Fool recommends Sourcefire. Nathaniel is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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