Reasons Why You Should Get Rid Of CyberArk (CYBR) Stock Now
Zacks Investment Research | Aug 21, 2017 08:56AM ET
If you are still holding on to shares of CyberArk Software Ltd. (NASDAQ:CYBR) in your portfolio, it is time you dump them as chances of favorable returns in the near term appear bleak.
Dropping CyberArk can maximize investor’s portfolio returns as it has witnessed a significant price decline in the past one year, and has seen negative earnings estimate revisions for the current quarter and the year. Further, the company’s Zacks Rank #4 (Sell) only reflects its innate weakness.
CyberArk has lost 26.8% of its value year over year versus the 11.3% growth of its Zacks Investment Research
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