3 Top Cybersecurity Stocks to Buy in August
Cybersecurity shares often outperform other tech stocks during economic downturns because companies won't lower their digital defenses just to save a few dollars. It might become harder to gain new customers as companies rein in their spending, but top players will usually bounce back quickly once the macro environment improves.
To capitalize on that trend, I previously highlighted some top cybersecurity stocks to buy in June and July. Today, I'll add three more stocks to that growing list for August: tech giant (NASDAQ: MSFT), mature cybersecurity specialist Check Point Software Technologies (NASDAQ: CHKP), and niche growth stock Tenable (NASDAQ: TENB).
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Source Fool.com
Microsoft Corp. Stock
€424.15
-0.890%
The stock is one of the favorites of our community with 151 Buy predictions and 4 Sell predictions.
With a target price of 501 € there is a slightly positive potential of 18.12% for Microsoft Corp. compared to the current price of 424.15 €.
