ET 15:45

Barchart Signals Buy for AKAM, FSLY, ATEN, CSCO Amid AI-Driven Software Selloff

IMP5.0
SNT+1.0
CONF70%
Narrative

Barchart Senior Market Strategist John Rowland identified Akamai Technologies (AKAM), Fastly (FSLY), A10 Networks (ATEN), and Cisco Systems (CSCO) as cybersecurity stocks flashing "Buy" signals as of February 20, 2026. This technical strength contrasts with broader software sector weakness driven by fears of AI disruption. Rowland notes AI acts as a tailwind for security demand rather than a headwind. Specifically, AKAM triggered an "End-of-the-Road" screener following earnings on February 20, 2026, but held above its 50-day moving average. The stock's Relative Strength Index (RSI) retreated from overbought territory, suggesting a potential buying opportunity on any correction. FSLY shows multi-year momentum, while CSCO benefits from post-Splunk integration.

EditorJack Lee