9 Cybersecurity Stocks to Buy Now
Along with the rest of the technology sector, the cybersecurity industry has come under pressure. Since late 2021, shares of the Global X Cybersecurity ETF (BUG (opens in new tab)), which tracks a basket of cybersecurity stocks, have dropped from $35 to around $22 at present.
But with valuations down, this does look like a good opportunity for investors, especially for those with a long-term perspective. For the most part, the growth prospects for cybersecurity stocks remain strong.
According to a survey from Gartner, chief information officers say that cybersecurity is the highest priority (opens in new tab). Roughly 66% have noted that they plan to increase spending in 2023.
Read more here: https://www.kiplinger.com/investing/stocks/tech-stocks/602685/cybersecurity-stocks-to-lock-up-growth