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Based in Tempe, Arizona, Gen Digital Inc. (GEN) is a leading cybersecurity company valued at $15.4 billion by market cap. It provides comprehensive cyber safety solutions globally, with renowned brands like Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner, offering services from antivirus software to identity theft protection.
Shares of Gen have outperformed the broader market over the past year. The stock has gained 21.5% over this time frame, while the broader S&P 500 Index ($SPX) has surged 17%. However, in 2024, Gen Digital gained only 7%, lagging SPX's 9.9% gains on a YTD basis.