1 Unstoppable Growth Stock to Buy Hand Over Fist, According to Wall Street
Each year for the last 26 years, global consulting firm PwC has surveyed some of the world's top corporate CEOs to gauge their sentiment about the 12 months ahead. For the last couple of years in particular, cyber risks have emerged as a major point of concern among the executives, as data breaches and ransomware attacks have become more common.
In the 2023 edition of the survey, PwC asked 4,410 CEOs how they plan to mitigate growing geopolitical risks around the world. The top response? Increasing their investment in cybersecurity. What's more, one-quarter of the respondents think their business will be either highly exposed or extremely exposed to cyber risks over the next five years.
Wall Street has caught on, and analysts know the cybersecurity industry will continue to attract increasing sales from the corporate sector. As a result, investors of all experience levels could benefit from adding cybersecurity stocks to their portfolio.
Source Fool.com
