NEW YORK (TheStreet) -- TheStreet's Jim Cramer is keeping a sharp eye on FireEye (FEYE) ahead of its analyst meeting Wednesday. Cramer says one of his favorite themes for the next couple of years is cybersecurity, and there are a few companies that are doing incredibly well in that 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.

CEO David DeWalt gave a compelling argument about the future of FireEye when he was on CNBC's "Mad Money" recently, said Cramer. He says the stock is about to break out at the $47 level, and that means it's anticipating a very good analyst meeting. The company provides malware protection systems and automated threat prevention solutions, and is currently valued at $7.39 billion.

Cramer notes that FireEye shares used to be much higher, and also suggested that he expects to see consolidation in the cybersecurity industry. In his view, we're going to hear FireEye talking a lot about theft prevention, and how insurance companies are selling FireEye as part of their policies in order to limit their liability in reagds to cyberterrorism.

Cramer thinks the FireEye analyst meeting will go well.

To those considering buying FireEye for a trade, Cramer warns there are a lot of people doing exactly that right now. In his view, investors should treat their investments in FireEye and other cybersecurity companies as long-term positions, because cybersecurity is a long-term need.

InTuesday trading, FireEye touched a new 52-week high, and closed the day at $47.01, 89% above its 52-week low. Evercore Partners recently initiated coverage on the stock with a buy rating and a $50 price target. 

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held a positions in Cisco Systems.

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