3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be quite costly and undermine any trust the business had built with its user base. Some experts are now advising companies they will need to focus at least 10% to 15% of their IT budget on cybersecurity. This increased spending will create a huge business opportunity for companies devoted to cybersecurity.
Three cybersecurity stocks with great upside potential are Cloudflare (NYSE: NET), Crowdstrike (NASDAQ: CRWD), and Okta (NASDAQ: OKTA). These businesses approach security in different ways and don't compete with each other. Instead, their solutions interact to create a secure customer experience.
Image source: Getty Images.
Source Fool.com
