TheStreet's Jim Cramer is keeping an eye on shares of FireEye (FEYE) ahead of its analyst meeting Wednesday. Cramer says one of his favorite themes for 2015 and 2016 is cyber security and there are a few companies that are doing incredibly in this space: Palo Alto Networks (PANW), CyberArk Software (CYBR), Cisco Systems (CSCO) which is a core holding in Cramer's Action Alerts PLUS charitable trust portfolio, and of course FireEye. FireEye has an analyst meeting set for Wednesday. Cramer says CEO David DeWalt told a really compelling story when he was on Mad Money recently. He says the stock is about to break out at the $47 level and that means it's anticipating a very good analyst meeting but he thinks DeWalt has a great story to tell. Cramer says the stock used to be much, much higher and that he expects to see consolidation in this industry. FireEye is going to talk a lot about theft prevention and they're going to talk about how insurance companies are selling FireEye as part of a policy in order to be able to limit the liability of cyber terrorism. Cramer thinks the FireEye analyst meeting is going to go well. He says you can buy FireEye stock for a trade but remember, there are a lot of people doing exactly that. Cramer says investors should take the view that FireEye and other companies in this space are long term positions because cyber security is a long term need. FireEye is currently trading 1.09 percent below its 52-week high and 90.49 percent above its 52-week low. Evercore Partners recently initiated coverage on the stock with a BUY rating and a $50 price target. FireEye provides malware protection systems and automated threat prevention solutions. The Internet security company is currently valued at $7.39 billion.
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