NortonLifeLock: Put This Cybersecurity Play On Your Radar

Summary

• NortonLifeLock is seeing respectable top and bottom line growth, with strong new customer acquisition.
• The pending Avast acquisition could introduce NLOK's products to new international markets.
• I also highlight the dividend, valuation, and whether if the stock is a buy or hold.
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Enterprises get most of the attention when one thinks of cybersecurity, but it's just as important for retail customers, given the growth of identity theft and financial fraud. This brings me to NortonLifeLock (NLOK), whose stock has traded rather sideways over few months, remaining virtually flat

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor or professional. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.