3 Top Cybersecurity Stocks to Buy in May
Cybersecurity is a lucrative industry for investors, as clients are unlikely to cut their spending even in the face of a recession. Plus, with cybercrime expected to grow significantly over the next decade, businesses must ensure their protection is top-notch, as a successful cyberattack can be costly.
Three companies come to mind as a way to invest in this trend, and investors should consider adding at least one (or maybe a basket of the three) to gain exposure to this trend.
CrowdStrike (NASDAQ: CRWD) is my top company in the cybersecurity space. Although its base offering is endpoint protection (the software that secures network endpoints like a laptop), it has over 20 offerings, including cloud security and identity protection. With over 62% of its clients using five or more products, CrowdStrike has successfully launched and upsold its products, but it isn't stopping there.
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 6.1% compared to the current price of 184.74 € for CrowdStrike Holdings Inc.
