3 Top Cybersecurity Stocks to Buy in June
Inflation, rising interest rates, and other macro headwinds deflated the valuations of many tech stocks over the past year as investors retreated toward more conservative investments. However, the cybersecurity sector broadly resisted that sell-off for a simple reason: Most companies won't lower their digital defenses just to save a few dollars.
According to Fortune Business Insights, the global cybersecurity market could still expand at a compound annual growth rate (CAGR) of nearly 14% from 2023 to 2030 as cyberattacks become more frequent and more devastating. Investors who want to capitalize on that secular trend should consider investing in these three cybersecurity stocks: Fortinet (NASDAQ: FTNT), Palo Alto Networks (NASDAQ: PANW), and (NASDAQ: CRWD).
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Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is one of the favorites of our community with 99 Buy predictions and 1 Sell predictions.
As a result the target price of 196 € shows a slightly positive potential of 4.53% compared to the current price of 187.5 € for CrowdStrike Holdings Inc.
