3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
Cybersecurity stocks often remain resilient during economic downturns since most companies won't lower their digital defenses to save a few dollars. However, those headwinds can still make it tough to gain new customers.
That said, cybersecurity stocks are still great long-term plays for investors who can tune out the near-term noise. According to Fortune Business Insights, the global cybersecurity market could still expand at a compound annual growth rate (CAGR) of 14% between 2023 and 2030.
To capitalize on that growth, investors should consider owning these three cybersecurity stocks: Palo Alto Networks (NASDAQ: PANW), CyberArk Software (NASDAQ: CYBR), and Tenable (NASDAQ: TENB).
Source Fool.com