Stock Groups

3 Cybersecurity Stocks to Buy for December -Breaking

by Mike Robinson

[ad_1]

© Reuters. Three Cybersecurity Stocks You Should Buy For December

Ransomware and cyber-hacking have become more common due to global trends in digital connectivity and rapid digital transformation. Companies are spending heavily on cybersecurity solutions to help protect against these attacks. It could make sense to place your bets on cybersecurity stocks Check Point Software and Trend Micro (OTC), Radware (NASDAQ):. Continue reading.
As organizations’ dependence on virtual work environments grows, as does their adoption of cloud-based platforms as part of their digital transformation, the need to protect sensitive data and prevent cyberattacks has become extremely important. According to the World Economic Forum’s Global Risks Report 2021, cyber risks continue to rank high on the world’s list of threats.

Many organizations have increased their cybersecurity spending. For the 5-year period between 2021 and 2025, global cybersecurity cumulative spending will exceed $1.75 trillion. Cybersecurity market will reach $199.9 Billion in 2028. This is a 10.5% compound annual growth rate.

We believe it would be prudent to place a bet on cybersecurity stocks Check Point Software Technologies Ltd., Trend Micro Incorporated. (TMICY) and Radware Ltd. (RDWR) have strong growth potential.

Continue reading on StockNews

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]