One of the companies that announced this week - CyberArk has done a tremendous job at posting sector leading growth and getting its billings growth back on track after a worrying deceleration last quarter that hurt the stock.

I know this was a try out position for Saul a few months ago and I’d like to see him renew his interest in this stock as a genuine investment contender.

With the share price drop and the revenue and earnings growth, historical P/E is at 60 and prospective at 35 which is as reasonable as I can remember it.

In the meantime - here’s a useful review of the announcement results.…

Announcements and Transcript here………

I continue to hold along with Imperva, Qualys and PANW in this sector.