A Top Quality Cybersecurity Stock You Can Buy Right Now
The novel coronavirus pandemic sent the stock market packing in March as investors went into panic-selling mode fearing the economic fallout COVID-19 may cause. Top cybersecurity stocks weren't spared from the sell-off.
In fact, cybersecurity stocks fell harder than the broad market in March thanks to their rich valuations. This is why now may be a good time for investors looking to add a cybersecurity play to their portfolio to make their move. After all, demand for cybersecurity solutions should actually increase as shelter-in-place orders across the globe leave remote employees vulnerable to bad actors.
Check Point Software Technologies (NASDAQ: CHKP) is one such cybersecurity stock that is attractive at its current valuation. Let's see why.
Source Fool.com