2024-03-16 07:04:00 ET
According to Statista, the cybersecurity industry was worth just shy of $300 billion in 2022 and is projected to approach $540 billion by the decade's end. This underlines how serious corporations have become about protecting themselves and their data against hackers and malicious actors.
It's an opportunity no long-term investor should skip past. The companies providing next-generation security solutions could grow for years to come.
Palo Alto Networks (NASDAQ: PANW) , SentinelOne (NYSE: S) , and Fortinet (NASDAQ: FTNT) are three cybersecurity stocks that fit this description. Long-term investors should consider buying them this month.
For further details see:
3 Top Cybersecurity Stocks to Buy in March